Here is the local market update for the month of October 2007. According to the most recent released numbers, home sales across the desert  area  fell 16.8% in September compared to the same month last year. That's encouraging compared to many areas of the country where they have seen sales decline in much higher numbers. Also, the valley's median home price rose   6.4% to $377,920 in that same period.

"Even though this market favors buys due to sellers being very motivated and willing to negotiate on price and terms, if you are trying to time the bottom of the market before buying, you may miss it by waiting longer.                                                                                                                                       We are a unique area that is difficult to compare to other areas. Our numbers are showing signs of improvement and interest rates are still historic low It would seem that waiting may prove to be a big mistake - this is the time to buy."

Rob Zwemmer