A real looming concern with banks imposing exceptional insurance requirements on mortgage holders. These uncontrolled and bank imposed costs to the consumer is a big red flashing light that the banks have found a new game to play to augment their cashflow at the expense of the homeowner or potential owner. These currently unregulated costs, plus assessments driven by defaults on HOA and maintainence fees, and critically underfunded home insurance companies pose an increasingly complex situation even with a willing buyer and seller.
It looks like a house of cards that can come crashing down by actions of banks, insurance companies, euro fluxuations, job creation, interest rate increasing, hurricanes, red tide, BP oil getting into the loop current or the ending of the shuttle program. Other than that,,,things are going exceptionally well!
Navigating through these troubled waters requires focus, resources and alternatives for each situation. It is a truly exciting time to be in real estate. Take a look at my just published book "100 Days of Summer 2010" a 30+ page area activity guide for N. Pinellas county in Florida. http://www.mydunedi.com
The market is getting better. Home sellers are dropping prices, a large percentage of buyers already bought or are not qualified to buy, many who could buy fear their job will go away and will not buy. That sounds like a great improvement to me as prices will lose the bubble pricing that remains today.