Real Estate is like politics… Local. One should have actual local market information based on personal experience of going to open houses when deciding where the market is. Anecdotal evidence is one of the best ways to determine where the market is. Last weekend at many open houses I saw many excited buyers visiting houses. Two houses that came on last week are now under agreement, one house had 7 offers and another had 5 offers on it. This information is invaluable for prospective buyers…  People are starting to respond to lower interest rates and a sense that their need to move should be dictated by their own needs and not what  others are saying.