This great article sent by Brian Troop from DS News, brings great news to this changing market we are experiencing, and it justifies our low inventory and high demand.

Breaking News: Prices Show Strongest Year-to-Year Gain in 6 Years The median price of an existing home climbed 10 percent to $177,400 from $161,100 in April 2011, the strongest year-to-year gain since January 2006. Existing-home sales rose to 4.62 million (seasonally adjusted annualized rate) in April from a downwardly revised March rate of 4.47 million, the National Association of Realtors (NAR) reported Tuesday morning. Economists had forecast the April sales pace would be 4.66 million.

It's still a great time to buy because everything is on sale...