'08 PREDICTED TO BE GOOD FOR HOMEBUYERS

Good news at last. The ABQ Journal today reported that while 2007 was a banner year for sellers, 2008 is shaping up to be a good year for buyers. Well, you heard it here first! Rates are great, inventory is high and sellers are eager to sell. If data for Jan. is any indication, the continued appreciation of homes may be slowing which is good for buyers and not so much for sellers. However, when you look at appreciation over an average period of 7 years in a home, the appreciation is almost 50%!! wow! The market is readjusting now as buyers cautiously re-enter the market, and then we tend to pick up in March and continue high activity until August. I'm ready! Give me a call.