Altos Media Watch: Business Week

We made in the news again!  This time in a recent piece by Prashant Gopal at Business Week. 

"It's Spring. Ready to Buy a Home Yet?" - looks at the buying upside in today's national real estate market.  Finally some positive press from the media in a sea of dismal reporting over the past year - yippee!  From the article:

"Where some see despair, others see hope. Sellers, who were once clinging to boom-time expectations, are trimming asking prices. But the news isn't all bad for buyers. In fact, for some the timing couldn't be better. The lower prices—at least in some markets—are making homes affordable for first-time home buyers and more attractive for investors on the lookout for fire-sale discounts."

The Texas markets look pretty solid over the past year with Dallas continuing to buck the national trends:

Sacramento, well, not so much.  Though, inventory has been steadily declining, so perhaps the market is clearing as prices continue to fall and perhaps could mean the beginnings of a turnaround (we hope!).  Or perhaps some sellers simply pulled their properties from the market given the price weakness out there.