What is going on with the housing market........

 "What we have here is a continuing, but slowing, upward drive on the downside--which is better than a downward thrust on the upside, or even a sideways move on a U-shaped trough.

But, as the downside bottoms out, the resulting flat side of the up curve will strengthen any sideways movement still apparent in the recovery.

However, if the overshoot of incline produces a rising, but negative, slowdown in acceleration of the leading indicators, the resulting outflow could mean additional pressure from all sides of a circular demand curve."

(Source: RealTrends)

NEED TO KNOW WHAT'S REALLY GOING ON? JUST ASK!!!!  CONDITIONS ARE DIFFERENT FROM NEIGHBORHOOD TO NEIGHBORHOOD.