Glad things are rising for you.  This varies by region.  Here in NYC metro area, economy (as well as real estate) had been going down and/or stagnant for last couple of years.  And, things are expected to decline more this year given the tax changes (which are actually a net increase in my county).  I've been trying to insulate by business/income so it's less dependent on economic downturns.

Shortage of houses in the lower price ranges.

Until we get some inventory here in Charlotte, I feel like we are going to keep going at the same pace we have been...it's a feeding frenzy!

Right now people are working off of the hype, when they get their real tax bills and the folks who lost their jobs this last month start effecting the economy then things may soften.

But until then lets party!

prices are up but we have a severe shortage of inventory....SEVERE...

Nick,

We will know more as soon as the clean up here in Santa Barbara County is done...A

We will still have a shortage. People just don't know what they want to do & in the back of their minds are still afraid of the economy. 

In our market inventory is tight and it is being reported we are down 20,000 construction workers.

I focus on the luxury end of the market, and I think the economics are pointing to an up market.

I see a bubble in our future much like the last one

it's been a good thing in my market.  New constuction is at a 10 year high, that makes more jobs

Up up and away. Bring it on!

Denver has seen a frenzy and we are entering our 5th year and the City has great economy.

There are fewer vacation/summer rentals as many homes have been bought up as second homes by those who can now afford it better and feel more confident about their wherewithal. Our vacation market in CT is fueled by New York City's securities markets and high end entrepreneurs.

Hopefully, it will continue to grow as well.

It will keep it strong

I think we are going to be heading in to a busy Spring market.. the activity level has already risen with more listings coming on the market in the last couple of weeks.

We have a very active market and most homes are selling with multiple offers. I sold two this week.

I can certainly see increased consumer confidence. 

Prices keep going up in our area and first time home buyers are having a hard time buying.

I only see great things ahead for America.

What Debe Maxwell, CRS said ... and my area is even worse. 

We have a strong regional market.

Nick DeMers It should help out the first time buyers.

Continuing to be positive!

Steady healthy supply and demand fueled by low interest rates means entry level will take off and the trade-up market will come back & thrive too

I see it EVERYWHERE!

New construction! Folks have a desirable place to go, so they will be willing to SELL. YaHoo.

And those Wall Street account are FAT!

We've been doing very well for awhile

My market is red hot. The issue is not having enough homes to sell. People in starter homes need to be able to find a step up home to free starter homes for first time buyers

Oil at $66 a barrel makes a difference for us.

It is a local event with supply and demand coming into play!

My market will be "difficult" until we get more inventory. And I'm not sure the economy will fix that. We had inventory issues for three years.

Eventually it will go down........and not because just prices high, but lenders are getting kinky again...