One of the blogs I follow is inmanNEWS.  There were two posts this week that looked pretty encouraging.  The first was abou thomes sales in Southern California being 65% higher than a year ago in September.  The second was about the San Francisco Bay area seeing home sales increasing 45% over a year ago in September.  Granted that prices are way down and foreclosures are way up, but homes are finally moving again.

Austin tends to lag behind California around 6-12 months in terms of an uptick of homes sales.  So this could be a sign that home sales in the Austin area may start picking up as early as next April.  I would also like to see is stats for places like Phoenix, Las Vagas and Florida.

Read the articles here and here.