"We've sold more than 110 homes since the first of the year," says Rhonda Duffy, a broker at Duffy Realty in Atlanta, Georgia who thinks buyers don't want to be left behind in an 'improved' market. "The selling pace is much higher than at the end of last year."
There's also the increasing number of foreclosures bringing in buyers, says Bob Bellack, chairman of home auctioneer Zetabid.
"The investor market for bank owned homes has heated up in the last two months," says Bellack. "At our recent auction in South Florida, we had a very high bid-to buy ratio. We saw the same at our Phoenix auction."
As for sellers, putting the right price on the home is what will get it sold, says real estate agent White. "There are checks and balances now to make sure values of home are right," White says. "The owner that realizes that will sell their house."
And whether it's a buyers or sellers market depends on your point of view, says Duffy. "Greed and fear are motivating both. That's no different than in any market."
"It's neither a buyer's or seller's market," says Jim LeBaron, Senior Director at BBK, a firm that provides real estate services. "The normal supply and demand relationship does not exist right now because there's a real lack of confidence in the market."
But if any of the signs are indications of a housing recovery, experts say it's way to early to tell.
"Consumer confidence is very shaky right now," says Jim Randel of Rand Real estate. "Traditional home buyers are more cautious than speculators and there are still a lot of problems in the housing pipeline."
"There are always a small percentage of people unaffected by an economic crisis," says Aime Jackson, founder of a non-profit advocacy organization on foreclosures. "Those are the people buying homes now."
Jackson says that less than 25 percent of the mortgage activity so far this year has been from consumers buying homes. "A lot of the mortgage business is refinancing," says Jackson. "And that doesn't mean a rebound in housing."
And unemployment remains a key, says realtor McDonald at the New Jersey open house. "We had a bid from someone but then he lost his job. He was in IT and after that, he had to withdraw the offer."
There's also foreclosures. While they create opportunities for some home buyers, analysts say they are helping to destabilize the housing market.