Here are the sales for Ventura County for January 2010. Sales are still very low, with late reporters I expect the official Dataquick numbers will be down a bit YoY at around 550 sales. This continued stagnation in the market is the same boring story, less supply due to government intervention trying to keep prices high at all costs. I don't see any signs of the ice melting yet just more of the same with a bit of seasonal inventory coming on market. The stuff in the affordable ranges gets gobbled up quickly, the overpriced stuff just sits.
If you think I get bored typing the same thing month after month since last January or so you'd be right!