The news about the housing market is all doom and gloom but in certain markets, such as the South Bay, there is positive news. I know that I closed one yesterday, two next week, another upcoming and several last month. People are out there, buying, selling. The South Bay of Southern California is not Las Vegas, not the East Coast and not even outside of our bordering city environs. Is there  doom and gloom out there? Yes, are there depressed markets? Yes, but one must continue to read the fine print, the details that the media doesn’t put in bold font out front. Multiple offers are not an element of the past; this is happening now, properties are selling over asking price; this is happening in my market.