Well, this is entirely anecdotal, and I'm an optimist at heart, but we are beginning to see a small, but important turnaround in the market. My phone has been ringing and every agent I've talked says the same thing.
We've always said that interest rates are not the issue - people have bought homes when interest rates were much higher. Volatility is the issue. No one wants to buy when they think next year will be cheaper (it won't - see Save $84,000 via Concessions below) or when there is unsurety about the economy.
So, let's put your mind at ease a bit. It looks like: