We expect that 2005 was the high-water mark. Interest rate levels are the key factor.

The strength of the housing market this year continues to surprise, despite rising home prices and slightly higher interest rates.

It's not a substantial increase.

The small increase in mortgage rates in November may have prompted many prospective homebuyers to jump into market in order to take advantage of pre-approved mortgage rates.

In general, the higher end of the market is holding up much better than the lower end.

One group expressed a strong interest in getting the ship back on the water for August.