What do you see in your housing market this weekend? Incentives? "Sellers are getting more creative, aggressive, and sometimes desperate with incentives to lure buyers to a massive supply of unsold homes in a bleak housing market."

"Buy a house in Rancho Cucamonga, Calif., listed for $925,000 and the seller will toss in four sixth-row tickets facing the Lakers bench, VIP parking, and use of the 'Royal Room' private lounge."

"Builders are reporting slow sales for the spring season, when warming weather usually spurs home shopping. More applications are being turned down by lenders or canceled by customers. 'They are using everything in their arsenal' to pull in buyers, said Steve Melman, economic services director at the National Association of Home Builders."

Public Sentiment? "In one of my recent online discussions, several people expressed outrage at those moves to assist distressed borrowers."

"'Are we really going to bail out people who are about to get foreclosed upon?' one reader asked. 'Why should they get help when there are those of us who will never own homes if the prices don’t come down, and they won’t come down if they continue to be artificially inflated by people who couldn’t afford what they bought.'"

"Ken Wade, CEO of NeighborWorks America, said in a survey of Chicago homeowners, almost 50 percent of borrowers who ended up going into foreclosure had no contact at all with their lenders even after the lenders made numerous attempts to contact them."

"'When you think about it that’s a pretty remarkable number,' Wade said."

Polling results? "Orange County homebuyers are clearly taking a wait-and-see-approach. By DataQuick's count, the pace of purchases of newly built homes (or converted apartments) hasn't been this slow in more than a decade."

"We asked visitors when buyers will return to the market with vigor. 'Until the market returns to norms supported by underlying fundamentals we are in for stagnation.'"

"'When TIME magazine runs a headline stating 'Real estate is dead!'"