Well folks....that is a very good question! But with a grin on my face and a file folder in my hand I can simply say....it isn't going anywhere that I haven't seen it go already! That's one of the problems a lot of us "old timers" have. We've seen markets so hot that we had to take a number at the front door just to show a house and we've seen markets so cold that regardless of how underpriced the house was, we couldn't attract a single person to even give it to! However, over the past 24 years, I have to say, I've seen more good market than bad. Sometimes the market gets away from all of us. Sometimes we loose sight of reality simply by a few houses selling with competing offers and giving an impression that demand and prices are starting to skyrocket. Perhaps it's a few sales on a street where some form of distress has been the instigator or worse yet, the blind leading the blind into a very low list price...resulting in an instant low sale. Both of these scenerio's can have an impact on our perception. However, at the end of the day, the masses speak. The "Law of Substitution" plays her cards. People will not pay more for something when they can buy a similar item for less. Supply and demand. A good healthy real estate market always reflects the fact that there are ample buyers looking to buy houses at a price that the local economy can support. Nothing more...nothing less. So, today? Even though the New Year started off with a bang, the snow has brought a calming effect. Now, what we have is a good healthy real estate market! Of course....those prime, drop dead gorgeous houses, in wonderful, exclusive locations, priced right on the button with sell with ease, but for the rest of the houses on the block.....a strategy must be put in place to promote the house to it's absolute max and the perfect buyer must be extracted from the sea of house hunters... and that is what being a Realtor is all about!