One thing appears obvious as we close out January, buyers are writing offers frantically. Our brokerage alone has received more offers on properties we have listed in January than we did all fall 2008. Arizona, Nevada, and California have seen the biggest jumps, but even Texas has seen a mild surge in activity. Low rates coupled with investor uncertainty in the stock market has made it easier for buyers to stomach getting back into real estate. During the next 5-7 days I will publish data from various MLS’ s showing that these January offers resulted in a drastic increase in pending numbers for the majority of west coast markets.