Based upon the charts below I’m going to have to say that the worst has passed. I’m not saying that everything’s great, but it is better. The average sales price is back on the curve that it should have been and the volume of homes selling is up slightly from 2009, which is up slightly from 2008–which was up slightly from 2007, which was when the solids hit the oscillator. 🙂
2011 is going to be a good year. Mark my words.