The market is much of the same as we’ve experienced over the past months, of trying to compare a year-to-year difference when last year the tax credit incentives skewed the market and speeded up the timing for when buyers purchased homes. Finally things are setting down and since there are no buyer incentives from the government like there was as this time last year, it is expected that home prices will start to stabilize again over a period of time. Everyone is hopeful that spring will bring out more buyers, and we will see how that goes. Listings are still high, with about 5.09 houses per buyer; pending sales dropped a bit this week, but there is definitely activity in the air.  More information on the current market: The Skinny.

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