The Valley is a tough Market Right now, but there are some positive signs on the horizon. West Hills Real Estate and Calabasas Homes for Sale

Actually, The desert area here in Southern California is still going strong :D La Quinta Real Estate and Community Information

The Valley Of The Sun is coming back nicely! That's the Greater Phoenix Metro area in Central Arizona, for those of you not familiar with our nick name. :-) And, with our strong Web presence, we really didn't get hurt by the overall slowdown (thank God).

The real estate market in the Naples Florida area is coming back slowly - we are seeing consecutive months of increasing closed and pending sales. The volume of available properties is still too high. The months of inventory is running in the low 30 months range.

There is definately a surplus of Inventory, but Matt is right, Central Arizona is coming back Http://www.housesintucsonaz.com

Even a month later...
I have to echo Matt & Gary's forecast - Arizona, namely Southern Arizona is definitely correcting itself.
The challenges are still present, but I believe that consumer confidence is coming back. whew!
For the current market stats for Tucson, I have a great quarterly market report on my site...
Take a peek!

http://lizcalhoon.longrealty.com/Content/Content.aspx?CategoryID=318872

I hope that more people do respond, as it is always interesting to see how other regions are doing!

Thanks for posting the question~

Liz Calhoon
http://www.VailAzAgent.com