We have been seeing quite a bit of activity at our RE/MAX office here in Montrose. It seems as though more people are seeing the potential to get a great deal on property, the 8000 dollar incentives have helped but we are seeing people step up with all the price reductions that are not 1st time home buyers as well (although this activity is not a mad dash, hopefully a slight turn upward). Really hard time for sellers.

What is the real driving force behind the national uptick in home sales?
I feel that this move upward is somewhat of a smokescreen as to economic recovery and more of an indication of investors swooping in on some great buys.
The proof of the pudding is in home starts and a rise in employment numbers as contractors are hiring and getting new housing starts.
Any comments?