-  A 22% reduction in Days of Inventory along with a 20% increase in closings vs January ’08  indicates increased level of buyer activity. Downward pricing adjustments have made homes more affordable, buyers are realizing more that there are good deals available, buyers that were previously priced out may now have an opportunity to jump in, and buyers feel confident enough to purchase, most likely realizing there will be long term pricing appreciation opportunities.

-   If DOI continues to trend lower that will put upward pressure on buyers to act, so now is an ideal time to negotiate the best deal on the home you want.

-   Enough time has passed since the market has shifted that serious sellers are now more open to work with buyers to result in a sale.

-   Buyers need to work with a knowledgeable Long Realty REALTOR that can help them navigate through the inventory and local market data to secure the best value on the home they want.

(~ Rosey Koberlein, Chief Executive Officer, Long Companies)