Bill on Marketing

There are a few signs of life in the marketplace. Corey Condron from Spokane, along with some others from that area, told me that activity has picked up in recent weeks. Lennox Scott sent me a link on CNN Money that new home sales were up 5% last month, instead of the minus 3% the economists predicted. In a few geographic areas locally, we might be feeling the first pinches of lack of supply, especially in the more affordable price ranges (usually translated under $300K). There is still some hurt to be felt out there, but maybe, just maybe, the bottom is in sight and there is hope for tomorrow.

La'Cee Lets Loose

In recent weeks, the homebuilders EFT (Exchange Traded Fund) is up more than 40%, compared to about 20% for the Standard & Poors 500. Several homebuilding stocks are actually in the black this year, including D.R. Horton (DHI), Lennar (LEN) and Pulte Homes (PHM).

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