The only reason I have time to update my blog this week is that more than half of the houses that I've called on to schedule a showing have already been sold. In fact, one house had an accepted offer at 6 pm on the very day it was put on the market. I think it is safe to say that the $8000 first time home buyer tax credit is doing it's job to stimulate the real estate market.
I did a quick check of houses that went pending today in the MLS system. At 4 pm, we had 37 new pendings, with an average sale price of $133,900 and average days on market is 62.