Positivity...

I just received a CAR (California Association of Realtors) newsletter that posts weekly and this one caught my attention for the number of positive articles it contained. We've been seeing a trend toward the right direction lately but all four of these articles this week are strongly positive. I'll include the headlines and a link to the articles below in case you're looking to brighten your day...

Fed leaves key rate unchanged - The Federal Reserve today announced it will maintain its target for the federal funds rate in the 0 percent to 0.25 percent range...

Survey finds most agents see home prices stabilizing - A fourth-quarter survey conducted by HomeGain showed that 72 percent of HomeGain members believe that home prices will remain the same in the next six months, an increase from 69 percent in the third-quarter survey...

California new-home sales rise 25 percent - Sales in new-home communities of 10 units or more in California rose 25 percent in October compared with a year ago...

Foreclosure activity declines 8 percent nationwide - A report by RealtyTrac shows that foreclosure filings, including notices of default, scheduled foreclosure auctions, and bank repossessions, decreased nearly 8 percent in November compared with the previous month...

Market Summary for November 2009

Here's the summary for Bodega Bay for November and the twelve months prior. You'll find that we're still relatively flat and activity continues to fluctuate from month-to-month. Don't hesitate to call me with any questions or just to talk about the market in general.

Click to enlarge.