In case you haven't heard, the Fed agreed to inject at least $500 billion into the mortgage markets and this resulted in an immediate drop in average mortgage rates to 5.5%, more than a half percent drop. They are likely to go even lower. The serious housing trouble in California, Florida and Nevada would benefit us in Seattle by forcing the Fed to try to get rates down so now the waiting is over and they are doing what it takes. We should notice a definite improvement in the market very soon.