This report for zip code 76132 of Month's Housing Inventory on the market shows a bit of a mixed trend.  My observation of the report is that there is modest improvement in the $200 - $400K price bands.  The inventory in this price range has suffered for several months throughout the Fort Worth area and it is encouraging to see a positive change.  Local home sales for November and December are traditionally very good from year to year and it could be that we begin to see continued improvement as the 2009 comes to a close.  These improvements could be (in part) the indirect result of the First Time Home Buyer Tax Credit, whereas the sellers of the $100K priced homes (that benefited from the Tax Credit type buyers), became buyers themselves and moved up to pricier homes.  The result should produce a ripple effect which will eventually benefit sales of the higher priced homes.  However, I know from personal experience that many sellers in the $100K market became renters after selling their homes, which unfortunately for existing sellers, will dampen positive indications toward a better market.

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