Which way is the market shifting in your home town?

Many believe 2008 is a buyer's market. Some areas of the nation have seen prices raise or stay stable and not plunge as the media would have all to believe.

What is happenening in your area? Many foreclosures? Were they all single family homeowners? How many were speculators investing in more than 1 or 2 properties? Why are these numbers not seperated out? Are your clients able to get loans?

I would love to hear from you on your local market condition.