Happy New Year to everyone...the first month of 2008 is a busy one with activity in numerous areas.

I've seen multiple offers on several bank owned homes spring up in the last couple weeks.

I've seen new listings come on the market one day and in escrow within a couple days...this just recently happened in Monterey and Carmel.

I've seen seller's reduce their prices on homes that didn't sell in 2007...we saw a ~$5M price drop just the other day in the "Butterfly House" in Carmel.

Interest rates are holding steady and conforming loan limits could be rising soon, so there is a lot of exciting activity happening...and it's only just begun!

I hope you have a GREAT 2008 too!

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the Central Coast or anywhere in the world...have a great day! – C