Based on real estate experts,  the present status of the real estate market brings positive news to homeowners who want to see prices go up. In the condominium and town home market, the 787 sales fell 3.3 percent from March but went up to 8.3 percent in April 2009. The median price of the units sold was recorded to be $70,000, up 2.6 percent from March and up 8.5 percent from April 2009. Among the total 2,951 real estate sold in April, almost 52 percent were bought by home buyers or investors within 30 days.

The GLVAR stated that around 27 percent of the home sales last month were from short sales. Homes owned by the bank composed the 43 percent of the sales in April, down from 53 percent last February. According to real estate experts, the figures went up 4.4 percent from $136,000 in March and 0.2 percent from $141,720 in April 2009. Foreclosures bring down prices in contrast to homes put in the market by owners. Short sales is called in cases wherein banks allow the homeowner to put the property up in the market for less than its owed on the mortgage.