MARKET UPDATE

The Wall Street Journal recently reported "bidding wars" for homes in certain markets.  Declining inventory coupled with historically low interest rates are contributing to the current market conditions.  The upward trends in home sales as well as slight price increases are causing some analysts to believe that we have "passed the bottom".  Inflation concerns are prompting many investors to move capital to hard assets such as Real Estate.  And, with Real Estate at bargain prices, many believe that profits are almost certain as the market recovers.