Did we hit bottom?

The National Association of Realtors said Monday that sales of existing homes grew 5.1 percent to an annual rate of 4.72 million last month, from 4.49 million units in January. It was the largest sales jump since July 2003.



Is this a sign of the bottom or just a fluke?



Home prices are down 15% from this time last year.

Inventory is up a little but this is typical for this time of year.



Property sales should get a boost this summer from the New homebuyers tax credit that came out with the stimulus.

This is a great time for investment. The rental market is good, money is cheap, prices are low, and the upside is huge.

• Mortgage rates are at a record low.
• Houses are on the clearance rack.
• The government is giving handouts with no strings attached.

One thing is for sure this market will change and if history is any indication it will be in the favor of the owner.

Will this be you in 5 years?(watch video)


of course I dont want you to call Remax.

Call me!

Written by:

Brian K Ellwanger, Broker
Four Sail Realty
303-775-4121
www.4sailreatly.com