What do you see in your housing market this weekend? Price reductions? PhillyBurbs, "The average price of homes sold in Lower Bucks County plummeted 14.5 percent in November, compared to prices in November 2005, according to data from Prudential Fox & Roach Realtors in Doylestown."

"'We're seeing similar declines in central and Upper Bucks,' said Megan Leitch, a spokeswoman for Prudential, adding November-to-November sales prices dropped 7 percent there. Overall, Lower Bucks housing prices declined in September, October and November of this year."

Unattended open houses? Washington Post, "In a market gone soft, with a glut of property available, agents are dusting off sometimes rusty marketing skills, honing new ones and making sure the word gets out to their peers."

"For Ty Hreben, brokers' opens have been less successful. There are so many out there now that 'I'll do a catered brunch or desserts from Whole Foods, and I won't get more than five to 10 people,' he said. 'Sometimes I end up eating it all myself. . . . Luncheons can be a total waste unless the agents who know the area know [the house] is well priced.'"

Construction trends? Illinois. "The terms 'overvalued' and 'Rockford housing market' don’t normally appear in the same sentence. The number of large manufacturing employers has shrunk significantly over the past decade, with many of those workers moving into lower pay scales. The Rock River Valley’s per capita personal income has plunged in the past decade."

"If income doesn’t grow, how can home prices keep going up? 'It’s all supply and demand,' said Vic Nafrano-wicz of Homeowners Concept. 'You see all these big homes being built, and you have to wonder if there will be people here making the kind of money necessary to buy them in 10 or 15 years.'"

Homebuilding costs? Montana, "Stimson's VP, Jeff Webber, confirmed Thursday that the company will cut some 43 jobs at the Bonner mill, effective Jan. 2. Stimson has seen its margins squeezed flat by high stumpage prices on one end and low lumber prices on the other, said Michael Woodworth. Average lumber prices have fallen by half, to a 10-year low of $240 per thousand board feet."

Or foreclosures? "North Texas home foreclosure postings are up more than 20 percent from a year ago. This year, 38,809 D-FW area homes were posted for foreclosure, an increase of 19 percent from 32,513 postings in 2005. It's the largest number of home loans in default since the 1980s regional recession."