On a more positive view of the housing market turmoil, the metro housing industry seems to be on a mild run for recovery which would signal an end to the impact the economic recession is having in that area. Sample market data is showing an improvement in the number of pending sales at a rate of 1.2 percent which is the best in almost three years of dismal performance. Other market indicators are also showing a leveling out of most housing market prices that is a good sign for home buyers who have been waiting for the bottoming of prices to time their moves in getting a new home. Metro home inventories are down by as much as 11 percent at the beginning of this year so real estate agents and homeowners out to sell properties are reveling at his much awaited news. Agents have been forced to throw in as much as they can just to make sales and with such good news, a more productive profit margin seems to be on their horizon. (more…)