Same Old Story

Looks like we have a minor pullback in the number of homes under $500K, 3+BR, 2+BA and at least 1750 sq ft in the county, however the total SFR inventory climbed 0.2% or 25 homes from last week.

Even with the Feds stepping in with their "band-aid" policies and bail-out packages make no mistake that the weak dollar is the number one reason the economy will continue to slide. I fully expect the Dow to be under 11,000 by the end of the year with banks starting to crumble and home prices plunging by 15-20% in California.