Market health

Inventory is declining, but new REO and Short sales are still hitting the market at a steady rate. It seems that short sales are getting more difficult to reach agreement with the banks. REO sales however are much easier. This is a great time for home buyers. It appears that we are seeing an increase in short sales and REO sales in the upper market. If you are in the buyer market it is very important to make a good conection with an agent that can put you on "drip" email. This will provide current listings as they are entered into the local mls. In this market getting there first is important.