4300 VALLEY HOME CLOSINGS IN JANUARY

I know the press is all about gloom and doom, I have some good news for you. December was a blow out December creating 4,300 single family home sales in January. What does this mean? We need to compare it to previous years to see the significance. Well in January of 2001, we closed escrow on 2,992 single family homes. In January of 2002, we closed escrow on 3,260 single family homes. In January of 2003, we closed escrow on 3,837 single family homes. In January of 2004, we closed escrow on 4,116 single family homes. Then, in January of 2005, we closed escrow on 5,343 single family homes. 2005 was the blow out year for the holiday season. By January 2006, we declined to 4,185 and then 2007 was 3,509. The worst year in the past nine years was last year, in January 2008 we only closed 2,351 single family homes. Now after reviewing the facts, 4,300 sales looks pretty AWESOME!

just my opinion...Jeff Cameron