It's a more cautious buyer.

Most people buy homes for their family. But if you're driving an hour each way to work, that's 10 hours a week. How much time are you really spending with your family?

Most of the investors are gone, and traffic is down in home builders' sales trailers. Just look at all the ads. Builders are trying to move homes fast.

We have all these hits on disposable income, and we turn around and say we don't have to worry about higher home prices. Give me a break.

If you are trying to buy a home, you have to be careful about what you are doing.

A lot of people buying cabins only use them a few weeks a year. The unfortunate aspect is those weeks are the same few weeks that everyone wants to use them.