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Signs of Life

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Brokers were hoping?OK, praying?for a spring bounce-back, and they've got one, according to Warburg head honcho Frederick Peters: "At Warburg, we signed 16% more contracts in March than we did in February. We did 64% of the number of deals in March 2009 than we did in March 2008, but the dollar volume of the deals in March 2009 is 80% of the dollar volume in March 2008. So there were fewer deals, but they were bigger. So the market is seeing an increasing number of transactions, and good sized ones at that." [Warburg Blog]