What do you see in your housing market? Price Reduced? Builder incentives? Nervous flippers? Here are some accounts from around the US. From New Jersey, "For the first time in a decade, home prices in the region that includes the Shore have declined. Asbury Park residents Peter and Lauren Morris are buying a Victorian-style house in Freehold, their first home. Peter Morris said the couple got the house for 'considerably less' than the $379,000 asking price."

"'We knew that a lot of homes were for sale, but we also knew that their prices were not realistic,' he said."

The Twin Cities. "In an increasing number of neighborhoods, a slowdown in real estate sales has complicated life for sellers of many types of housing. But the marketing task may be especially daunting for the sellers of condo-apartments. 'Where a frenzy of apartment overbuilding has occurred in recent years, sellers know they face intense competition for buyers,' says Mark Nash, a real estate broker."

"The challenge can be particularly severe if many similar units are already on the market within the same building or complex."

From Michigan. "Bruce Brock can't sell his house on Lakeshore Terrace in Fort Gratiot. It's been on the market for about two years. The neighborhoods around his home are dotted with 'for sale' signs. Between January and April 2005, 31% of Michigan homes listed for sale sold. Through April 2006, 21% of listed homes had been sold."

"'You can't get a house sold unless you keep lowering prices, and sometimes that is not possible,' said Bob Herber, a real-estate sales associate in Port Huron. Finding a buyer is especially tough for people trying to sell their home for more than $170,000, said Cliff Schrader. 'It's the worst I've seen,' said Schrader, who has been in business since 1983."

The Voice of San Diego. "If this is indeed a buyer's market why are buyers standing on the sidewalks anxiously hoping for a fire sale? Were investors passive about driving up prices in the first place? No, they were sharks who changed the market for everyone by marching up to the front doors of homes that weren't even for sale and throwing cash around."

"So stop being passive. Be a shark. It's a buyer's market. If this bubble is going to burst, let us bring out the needles."