2009 Ends on a High Note

As we wrap up 2009 at Premier Properties, I see a renewed sense of optimism in the office and industry in general. Our numbers have been an improvement over 2008 for October, November and December and we charge into 2010 with a full head of steam. Nationwide, according to NAR statistics, the number of residential sales in November were up 44% from November '08. We feel that this is attributable for the most part to the then expiring 1st time buyer tax credit, but there also is a feeling of increased consumer confidence and many buyers are feeling confident that our values have finally hit bottom.
We are preparing ourselves for a really busy first half of 2010 with the extension and expansion of the tax credit through June 30. Another extension is unlikely so we expect an even greater fever in March and April than we felt in October and November.