We have been on a steady climb from the low levels at the close of 2008. Pending sales in the St. George office are up 245% with 25 new contracts in the 1st week of April. Contracts are also up in the Hurricane office is up by 136% and in the Mesquite office by 200%. Richfield had a steady increase in production since it opened and the Beaver and Panguitch offices have made it through another winter and look forward to a great Spring and Summer season.

As a company we closed 145 transactions in the 1st Quarter for nearly $30 Million in sales volume. Internet leads and direct inquiries have increased and most agents are busy following up with clients and presenting offers.

The hottest market is under $300,000 where we are experiencing competing offers in the St. George area again. Pricing has made the necessary adjustment in most of our service areas and the deals are out there. Rates have held at all time lows and incentives and assistance from stimulus monies are helping to spur the market.

The best success is found in basic real estate principals of daily contacts and follow up with past clients to educate the public of the great opportunities that are available.

Thanks for your hard work. Stay in the game and keep your eye on the ball and we will come out victorious even in this economy.

Thanks for being great.