Things are looking good as we head into the holiday season. October sales of both existing homes and condos were up vs. last year, +45% and +82% (!), respectively. Sales were also on the rise vs. September, as savvy buyers continued to take advantage of the 1st time buyers credit and the amazing deals out there.

According to a recent article from the National Association of Realtors, we're seeing early signs of price stabilization in the housing market. A steady supply of qualified buyers would meaningfully bring inventories down and return us to a period of normal, steady price growth. Now that's something to be thankful for!