Pending home contracts r @ at all time high=12,600, a 13.5% up from beg. of March. Median listing price remained flat from last month.

Active sales dropped 11.8% last mo.& 21.1% from beg. of 2009. Current sales velocity, we r down to <6-month supply - the lowest in 3 years.

I smell bottom in home prices in Metro PHX, AZ. Now is the TIME 4 investorss & buyers to buy homes, not in 2005. For rock bottomed homes for sale, visit www.NoHardSaleRealty.com.