It seems now the main streem media is turning the corner a bit with regard to the gloom and doom picture painted 1 year ago regarding the housing market, In the Santa Barbara real estate market place, things have already turned for the most part, with properties below $1 million now seeing multiple offers again in some cases. Being directly involved in the market place daily we witness this first hand. Unfortunately, this will not show up statistacally for 3 or 4 months and then another month or so for the main streem media to fully understand the turn has already occured. Heres a link to a somewhat optomistic view which is still not indicative of true market activity we are experiencing right now.
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