Close To The Bottom In Palm Coachella Valley?

Waking up early yesterday I turned the TV on to CNBC to check out the tortuous news on the housing market ( I guess I am a glutton for punishment). To my surprise it was the first time in a year that there was positive news about housing. They reported that sales were up 2.9% country wide, I thought wow my four escrows couldin't have pushed it that much! But I have been talking to more buyers lately!

I sell in the Palm Springs area and work for a company that has 420 agents in the valley. Monday is office meeting day so off I went to hear the basic stuff see some friends and get a free breakfast from the vendors, I know kinda shallow. The news was good, it wasn't your typical things will be ok meeting. It was things are getting better! Our company Windermere Real Estate actually had a 10% increases in sales compared to last year month to month! So maybe it is getting better in the Coachella Valley where I work.

I think with the decline in prices , it is getting hard for the buyers sitting on the sidelines to say no, perhaps its the weather right now but I have a feeling that it's the low prices. Maybe we will look back and say the bottom was two months ago. Yes I know there is still more pain for some people to come as I get ready to do a couple BPO,s and hope for some REO listings. Or maybe I just have a good attitude today, but it seems that things are looking up here. Time will tell I guess I will keep suiting up and showing up!