by Calculated Risk on 10/11/2011 11:40:00 PM

I bring you what I'm hearing - and this is an optimistic outlook from Jim the Realtor in San Diego:

"The [real estate] market is a buzz currently. The action is incredible. Offers flying everywhere. I think the buyers are scrambling knowing that these rates are incredible right now. And I think it is going to be a healthy 4th quarter.
...
I think we get into spring time - if rates are still this low - it’s going to be a real frenzy."
Jim Klinge, Oct 2011