There's a disconnect between buyers and sellers. Sellers tend to be about at least six months behind the curve.

On the upside, at least the buyers are stepping back in and it isn't just all sellers. We're seeing buying in gold stocks, energy, semiconductors and other oversold names. There's also a lot of economic data coming down the pipe in the next few days and that should give us more to chew over.

There are more fools among buyers than among sellers.

There was a negative swirl in the market; every pronouncement using the bubble term made buyers pause. We are not seeing prices fall; we are just seeing fewer sales.

Many of our hot housing markets are transitioning from a sellers' market to a buyers' market.

It brings everybody back to a better negotiating stance. You don't have unrealistic sellers and you have buyers that can take their time and breathe when they are buying. It makes for a better win-win situation for everybody involved.