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Curbed Roundtable: May State o' the Market Report

Is it just us, or is this one of the more vexing moments in market analysis in the past few years? We're hearing from friends on the hunt for a new home that the market is alternately sizzling hot and frigid; that some open houses are mobbed, others empty. And tying it together with trend observations—this neighborhood is hot, this one isn't—doesn't seem to work as well as it used to. In short, it's a tempest out there.

As the new month dawns, it's time once again for your thoughts on the state of the market. What are you seeing in your searches? Is now the time to buy, or stay on the sidelines? Let everyone hear it.
· Curbed Roundtable: April State O' the Market Report [Curbed]