NAR reports Pending Home Sales Stabilize

Some quick takeaways from NAR's Pending Home Sale Report:

• Dec 2009 Pending Homes sales up slightly compared to Nov 09
• Yun believes we are "clearly off the bottom"
• Demand tapered after the Nov tax credit deadline
• Another surge is anticipated in the spring as a result of the next tax credit deadline
• Regionally, West declined while other regions rose
• Compared to Dec 08, West region still reamains strongest in the county