Reports by the media, and powers that be "that 2009 will bring a recovery from the recession" may end up being true and it may not, only time will tell....but in my humble opinion just as the constant doom and gloom created an unbelievable haze over investors in both the equities and real estate markets, I have a strong feeling this more "favorable" message will create a more "comfortable" investor in the coming months for Hilton Head Real Estate......perhaps Hilton Head is already benefiting from this change in psychology....per our Hilton Head MLS, the number of homes under contract in the last 23 days(54) is more than double the entire amount of homes under contract in the month of January this year(25). The same holds true for the condo market On island villas/condos under contract in January 2009 was (31) so far in the month of April up until today there have been (52) villas to go under contract....I'm sure some of this is being driven by the small foreclosure market we have here, as well as some dramatic price reductions almost across the board....don't get me wrong it is still a buyers market here...but keep checking the sales numbers and I'll bet you find us doing better and better in the months ahead....You can call Sean Ryan and Associates anytime for updated lists of foreclosed properties on Hilton Head or visit our site and click on the Foreclosure link at www.LiveOnHHI.com.