VALLEY HOME SALES CONTINUE HIGHER

Valley home sales hit another new high for the year at 1,034 sales for last week. That was the best week since the week of May 7, 2007. We are only 5 sales away from setting a one year record. The good news is the bad news is over one year old and we now can compare our sales to those of the post "sub prime" fallout. That makes it easier to beat the numbers. This will help with consumer sentiment. By the way, our 4 week moving average on home sales hit 1,000. That is the highest I have recorded since May 21, 2007.

WE NEED HIGHER CONVENTIONAL AND FHA LOAN LIMITS!!!!