its hard to tell anything has changed economy wise here in Plano/Frisco...its kinda crazy, but then again, we don't have overpriced houses like Cali, AZ, Nevada, Florida - well, relatively speaking. I know some jobs here are getting cut, but the Dallas/Ft Worth area is pretty well diversified from what i've seen. The spending here is outta control, guess that means houses are soon to be on the market with folks living outside their means...
I know the mortgage industry was hit here pretty hard, but things seemed to have picked up a bit with all the refi's, etc. We took advantage of getting an even lower rate recently.