Interest Rates have fallen .... This for many home buyers is good news! The average rate on a 30 yr fixed rate mortgage for "prime" borrowers dipped from 6.5 % in the summer months of 2007 to less than 6% according to the last December report from Freddie Mac. This improvement in the rate generally lifts home sales. Therefore; as I have said for months....Buyers  should be able to get into a home....Now is the time to BUY! The market has started to already show signs of correcting itself. I do not think it is going to get much worst for the sellers, but it is still a great Buyers Market.