Ladies and Gents this just in! Wonderful News For Real Estate:

The real estate market is getting better all over America! I got in touch with a Realtor, another D Carlson from Napels Florida, mainly because when I googled myself google would change my name's spelling to his. But I wanted to see what was going on in his neck of the woods. We concurred that the real estate market is moving in the 50% off deals we had 24 months ago are now GONE!

What does this mean for you as a buyer? Well the sky is no longer falling and you can reasonably expect values to increase over the next few years. If you can buy now - DO SO - once the banks figure out it is safe to lend again PRICES WILL GO UP!

What this means for sellers - your in a normal market where supply and demand are in check with one another (an equilibrium) If you price your house right it will sell and it will sell quickly. If you think you can price it 20% above market like you did when you sold your last home in 2005 - it won't be selling.

All in all this real estate market has become stable and more predictable - so - that mans here come the buyers for single family homes, building lots, condos and investment properties 2nd homes, vacation homes, and bringing back luxury property values (well the luxury properties may be lagging)

I've had buyers from Texas looking for $500,000 homes with 3 beds and two baths and they want it to look like a log cabin, buyers from California wanting to pay cash for a $1,500,000 house and will be flying out this summer to look for homes, buyers from the Salt Lake Valley are moving up to Park City because there are ski condos under $300,000 and single family residences in Park City for under half a million dollars. We are having multiple offers on homes that need fixed up because we are running out of supply in Park City. Supply down = Price Up!

Lets cheers to 2012 being a real estate rebound year!

Update ---

5/10/12 - It's a month later and I have Realtors telling me that I hit the nail right on the head on this article. Markets are HOT! Not all markets have started to move but they will be soon - four of the last five short sales I pulled up for a client were under bank's review. The "workin' man" knows that rates are low and it's a great time to get into a home at low prices. Get a deal before they are all gone!