Elias, here in Tampa Fl we are seeing an extremely strong market in the below $200K market in sfh and below $100K in condos. Prices are no longer in free fall. The 200K to 600K is showing increasingly better vital signs. Above 600K, with the exception of big water view waterfronts, is DOA.
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