The National Association of Realtors indicated that the Midwest would be the first area to stabalize in the housing market. I hope all of the indications are true and accurate. NAR reported that pending sales jumped 14.5% in the Midwest for February. The biggest reason is the affordability of homes in the Midwest and the first time buyer $8,000 incentive. Here is some food for thought...What would the market do if we were all given $8,000 to move? I think the market would explode and we would all consider moving, especially with rates under 5% this morning.