Bill's Market Update

Dear Dear Friends and Clients:

First of all I wish you all a very happy, prosperous and healthy 2011.

2010 certainly did not disappoint by any means; in fact it was quite a pleasant surprise as it turned out.We had an early Spring surge followed by a slow Summer and early Fall then a late Fall surge till the rest of 2010! With the current inventory and interest rates I cannot see why the market should not continue this path at least for the better half of 2011.

As for the rest of the year, I predict the Summer market will be slower due primarily to sensonality, the Fall market performance will largely depend on the then interest rates.

At the time of this writing, the prediction was rates will likely go up by up to one percent. What does it all translate to : if you are sellers : take advantage of the Spring market and modest price upswing( 3% to 5% ); for buyers : if you are in positions to buy and see something you like buy it because prices are not likely to come down significantly if at all and in the long run you will always come out a winner.

Do Not time the market, one should buy or sell based primarily on needs.

Have a great 2011 folks!

I remain... Your Sold Specialist
BILL THOM