Upside down

Sales were up in April! The recovery is on! Be the first to buy in to a down market and make a fortune in real estate speculation! Uhm...not so fast.

Actually, we think this is a good time to buy, but don't make too much of the recent month-over-month increase in sales. The recovery may be starting, but it won't be measured month-by-month. We suggest tracking real estate investments year-over-year. Remember, the word is "investment," not "speculation."

If you decide to wade into these still-troubled waters, call us. There are bargains to be found out there, like no other time in the past seven years. We're tracking properties that we think have good investment potential. But you have to be selective. And patient.