Whats your market doing

[Danny Day]

Wondering whats going on in your local market.
Right now Houston is HOT.. very low supply of homes on the market..
Houses hitting the market and getting 3-4 contracts within 24 hours.

I believe there is a 3.4 month supply on the market right now, with lots of booming demand.

I've done 10 deals this month alone

I hear Vegas, Orlando are hot areas as well.

[Karen Margrave]

Danny Day The question is, what types of properties are selling, and what prices are people paying? Are they "deals" or are they getting back to pre-crash prices? Are there still REOs there?

Here in Orange County, CA prices are appreciating, and there's not any "deals" to be found. There's also no lots around on which to build new homes, unless you're Donald Bren!