It's all so confusing

No matter where I am, I always get asked how the real estate market. Everyone has an opinion and those opinions are as varied as the house styles in D.C. It's all so confusing. The Saturday Real Estate section of the Washington had an excellent article in it that I thinks explains a little why there are so many different opinions about how the market is:

http://www.washingtonpost.com/wp-dyn/content/article/2007/03/09/AR2007030900882.html

The bottom line is that the market is doing what it's doing regardless of what anybody thinks it's doing or should be doing. People are still buying and selling homes, albeit a little slower than two years ago. A lot of the stats that you hear about are from a national perspective and thing are a little different in this area. I'm noticing that sellers are finally starting to price their homes correctly. When that happens homes will start sitting on the market a little less. We're also starting to see multiple offers again which we haven't seen in a while. Things are picking up and it's a great time to be in the real estate market, either as a buyer, seller or other interested party.