What do you see in your housing market this weekend? Motivated sellers? Open houses? Builder incentives? "This weekend only, you can take advantage of ultra savings on hundreds of inventory homes in Virginia, Maryland, Delaware, New Jersey / New York!"

"Arora Hills in Clarksburg, Montgomery Co. Original price: $ 845,127, 72 Hour Sales Event Price: $744,990 Savings of $100,137. Paynter's Mill, Near Historic Lewes in Sussex Co. Original price: $529,378, 72 Hour Sales Event Price $479,378, Savings of $50,000. Lansdowne on the Potomac. Original price: $1,089,990, 72 Hour Sales Event Price: $939,990, Savings of $150,000."

Readers shared dozens of observations in the topics thread. Highlights, "I saw an open house sign yesterday at 5:00pm."

"I saw at least 6 open house signs, yesterday at lunch hour between Belmont Shore and Downtown Long Beach. Probably broker open houses but there were a lot! There are condos buildings with maybe 12 units with 5-6 for sale signs out front on my daily commute."

"Signs of slow-down topics: 1. Locally, I’m seeing construction slow down or stop entirely. Except for bulk earthwork, that is still being done. 2. Here’s a quote from my listing realtor, when I asked him why I didn’t see many open houses last week: 'Open houses are becoming obsolete. With the growth of the internet in the real estate world, people have a lot of information at their fingertips and see no need to go out on Sunday afternoons to look.' Is the open house obsolete?"

"In my Rhode Island surburbs, the local weekly newspaper posts real estate closings. Last year at this time we saw about a half-dozen per week. This year: two weeks ago: 4. Last week: 0. This week: 0. Quite a trend!!"

"Realtors getting very snarky here lately. Have had to have very pointed conversations with them to put them in their place. I smell fear!"

"There are several sites that have slowed down or stopped all together within 6 miles of my home. It is quite a turn of events. Some of these projects stopped at the state where they were grading the lots, some of them the buildings are half complete, and have not been worked on in about 2 months. This is both residential and commercial buildings. I hope they at least finish them."

"While driving around my metro area, I’ve noticed something I wonder if people are seeing elsewhere. In established neighborhoods, things look pretty normal and everything is nicely kept up. Almost no homes for sale. Neighborhoods that have gone up in the past ten years or less (i.e., younger families)… for sale signs everywhere."

"Seeing the same thing here in Madison, WI. Established neighborhoods look normal. Newer ones have an inordinate number of for sale signs."

"We live in North County San Diego, and the newer developments definitely seem to have more turnover. Anecdote: when we were doing 'bubble monitoring' in one new development in 2004, I asked the salesperson some questions about the loans offered by the homebuilder financing arm. When asked what the 30 yr FRM rate was, he just stared at me blankly and said, 'Gee, I have no idea. Haven’t seen anyone use one of those in months.' Again…this was mid-2004, hot, hot selling season; and nobody was using these loans. How much are these places going to hurt?"

"In my Reno neighborhood (the subdivision is about six years old), between 5-10% of the houses are for sale at any one time. I know of only one house that has been foreclosed upon."

"Phoenix is firmly in the 46,000 camp at 46,292 (zip). I see a trend; the records fight the increase until each Friday, and then they cross into the next thousand grouping. Phoenix is clipping along at about a 1,000 increase/week."

"It’s the same pattern here in Northern Virginia. Realtors like to list starting Wednesday and accelerating toward the end of the week. Then there is a peak on Saturday, and then some contracts over the weekend take down the numbers a little. But not enough not to make a higher high the following weekend. It has been this way *every single week* since I started keeping track January 1, 2006."

"I’ve also been following Ashburn, VA a little bit. It’s in Loudoun County, VA, which has been one of the fastest-growing counties in the U.S. in the last five years. 45% of the total listings have now been reduced. About two months ago, that number was about 35%."