Anyone else seeing an increase in activity?

Regarding the market, activity seems to be picking up again. While I expect we'll see some softening yet in the next few months, the properties that are well priced are moving quickly.

I've written three offers for various clients last week. One was a bank owned home with multiple offers. We wrote it at full price, no contingencies, 30% down, clients had a 750 FICO score and we lost out to someone else...so it goes. All the agents in our office have had the same experiences and this is a time that is frequently slow even in a good market.

I ran some stats from MLS today for the city of Ventura. In the last 30 days pending sales have more than doubled from the 30 period before. Granted we had a way to go for improvement, but the change is palpable.

I'm advising my buyers that when see a property they have a sincere interest in, they should write an offer on it sooner than later. By the time it gets lowered to a price they like, others will jump on the bandwagon and they'll have competition from other offers and risk losing out on a good one.