Although times remain low, there is a positive sign for the future.

View these 10 facts from the National Association of REALTORS to get a better understanding about today's market.

  1. The economy is growing...slowly
  2. The private sector is finally creating some jobs
  3. Consumer confidence remains low
  4. The 30-year mortgage rate is at generational lows
  5. The national median-home price is stabilizing
  6. Other home-price measurements are also showing price stabilization
  7. Home price-to-income rations have returned to justifiable levels
  8. Economists expect price increases in upcoming years
  9. Delinquencies are high but recent loan origination's are performing well
  10. The long-term path to self-reliance may be helped from long-term housing-wealth gains

As we can see, things are looking up. If you are looking at selling your home, there is light at the end of this economic downturn tunnel. Hang in there!

-Orly