So what's going on in today's wonderful marketplace?

Well who's really to say...
However, I just heard from a local realtor that 75% of the inventory under $180K in Thornton, CO is under contract
WHAT!!!!
So here's my two cents
IF YOU LIKE IT AND CAN AFFORD IT....BUY IT!!!!!

Talk to a local lender, not bank, local lender, one that works with your realtor preferably BEFORE...BEFORE...you go out looking.
Decide what you can afford on paper but more importantly, decide what you can afford in reality.
Once you establish your target monthly payment, your lender should relay that to your realtor. 
Here's the kicker...if you find a home that you LOVE and it fits your MONTHLY, don't haggle...it's not worth it.  The seller isn't winning, trust me...more sellers bring as much money to the table as the buyers do now...just be super stoked that you found a home that you can afford and your comfortable with the payment
So...if your realtor doesn't tell you this (because they are always super sweet about this), a lender should...it's not a game right now, there are more buyers than there is inventory so please, just go for it!!!
Oh and PS, if your target price range is maxed at $200K, DO NOT LOOK AT A HOME FOR $250K!!!
Trust me on this one....

Here's some interesting news on rates...hmmm....

http://www.mortgagenewsdaily.com/consumer_rates/249815.aspx


As always, I'm here to help, contact me if you have questions!!
Kim