You heard it here first...

Listings are down from prior years.  That's what the newspaper says today.  It's about time they came to that conclusion.  Remember that you heard it here first!  That's right, I 've been saying that less homes are coming on the market vs the same time frame in 2008 and 2007.

Less properties available correlates to less properties sold.  July being the only exception this year.

Sue Sutto got it right - the time to process loans is taking a lot longer than it used too.  Changes in the lending environment contine to change on what seems like a daily basis.

My suggest to potential sellers - put your house on the market now and take advantage of the low inventory.

My suggestion to buyers is two-fold - make sure you pre-approvals are updated.   Second, remember the $8,000 tax credit is over 12/1/2009.