According to Rich Levin “We’ve hit bottom.  We’ve finally hit bottom”

Levin is a popular real estate author and speaker who, in a recent Broker Agent News article reported that across the country agents are reporting positive signs in their real estate markets.

Granted, those Realtors in California, Florida and Nevada may not be joyous; but many of the rest of us are enjoying a healthy response in our local markets.  Realtors have reported seeing increased numbers of open house attendees and even more written offers.  Levin states that many markets have seen little or no drop in prices over the past two years.  These markets will be the first to see renewed activity.  I am certainly glad that we live in Southern Indiana where our peaks may not be record-setting but our valleys are not death-defying either.

Of course, our area will not see the market of the early 2000’s this year but we predict that real estate transactions will increase substantially in 2008 over 2007.  Buyers will see good prices and the seller’s market will turn friendly again.

As Prudential Real Estate professionals, we are ready for the healthy market emerging this Spring.  Of course, we worry about what the media will have to talk about as our market rebounds!  Maybe the election!  Regardless, we are armed with knowledge and confidence about our market and we are enthusiastic about sharing our positive outlook with all.

Check out the newest listings, MLS properties and Open Houses in our Sunday newspaper ad, www.pruprimelocations.com or www.evansvilleopens.com.