Up here in the Northeast, the "housing slump" is already over. People looked around, noticed the sky wasn't falling, and jumped back in with both feet. I am busy, believe me. I wouldn't have minded a little Christmas vacation this year, but oh well.
Are you a real estate agent?
There building like crazy around me too, but they're probably just fake developments manufactured by Rove to fool the gullible. Just facades I reckon with nothing behind them. And the paved roads are fake too. And so are the five two hundred grand plus houses built and sold on my side of the street in the last year. (yuk,yuk)
I haven't seen much of a housing slump here, either. Houses are being bought and sold all over town. I image the huge houses people are building might cause problems eventually because they're so expensive and so expensive to HEAT up here. I can never figure out why they build such mansions (usually for two or three people). I'm happy in my one story house--easy to care for, easy to heat. But, I'm old so that might be why (smile).
I was interested in your comment because I'm in your area and we plan to sell our house this year. It seems that houses are staying on the market a long time in Bucks, at least near us. But they do sell.