Talked to a buddy of mine that frames out in Copperfield, and he says he's getting busier. Mentioned that a lot of the spec homes in his area have been sold, and even though his builder isn't going to put up as many specs as they did last year, he's got enough work booked for the next 3 or 4 months. 3 months ago he wasn't sure if he would have a job.
I know it's not exactly scientific evidence, but I've used him as a gauge in the past and how busy he is usually indicates how busy the market is.
I also have a house for sale for 20% less than what it was listed for last year, and so far the only offer on it was 10% below my list, which I wouldn't move down on and they wouldn't move up. I can still rent it to cover my cost, so I'm not going to lose 20 grand because I'm such a nice guy.
It's definitely a buyers market and a renters market right now though. Of course, I'm hoping it switches but guys like me with more than one house have been riding the gravy train for so long it was bound to switch. Hard to say how long it will take though.
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