Today a housing report released indicates that the U.S. housing listings have dropped 2.1% from May to June.  This report may show that the housing market is on the way to stabilization.  In Sussex County, as of 7/20/2009, 5,034 residential properties are active on the MLS.  Several local real estate professionals have noted that new contracts are up over the last few weeks.  Here is a link to the article in Reuters.  click here