For starters, the economic growth in our country is starting to improve.  The Labor Department is reporting that job openings have increased by 200,000 within the last month, and GDP is expected to be at a solid 3% for this first quarter.  Alan Levenson, chief economist for T.Rowe Price Associates, has been quoted as saying this is “indicative of a labor market and economy that is in the midst of recovery.”  This news is exciting because the effects of a recovering economy will trickle down into the housing market.  When people have jobs and are experiencing economic success, they are more likely to want to buy homes.  With the $8,000 and $6,500 federal tax credits expiring at the end of April, the chief economist for the National Association of Realtors is saying that we should see a high sales volume in the spring and early summer.  Along with the increased demand for housing, housing prices appear to have, in most parts of the country, either bottomed out or gone up.  In fact, here in San Diego, we have experienced a slight increase in sales prices.
 
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