Stable, that is the best description of our current Real Estate Market.
The perspectives of Buyers/Sellers/Investors are always different. So each will see things a bit differently. My current Sellers know they have to price to sell.
My Buyers know that they can be relaxed and methodical in their search for the right home.
My Investor clients are now identifying properties that can provide positive cash flow and healthy rates of return.
Mortgage rates are likely as good as they will get. As wise man once said "Don't wait to buy Real Estate, Buy Real Estate.... and wait."