Average days on market for 2007 compared to 2006.
Median price in the market for 2007 compared to 2006.
Number of homes currently on the market compare both years.
That should good you a good idea of where is it. Wisconsin is really doing quite well in respect to all the negative media. There are about 5 states doing poorly we WI is not one of them. We are steady as we go and that is what we heard from national economists, professors and others at our December Management Conference. We are selling them one at a time and the buyer's are enjoying great rates!
I would tend to look at what the global market is doing with oil, what the current inflation rate is doing, what the feds are doing with interest rates, and last I would look at what area you are in and what is happing with the local job market. This is a great combination to use to predict the up coming market, and what will take place on a daily basis. Take care my friend.