Are the buyers buying again?

I visited several open houses today, one in the city, and one in Wilmette, and heard from two real estate agents that the Mexican standoff (my phrase, not theirs) between buyers and sellers is over.

According to Eric Rojas and Lyn Flannery, the buyers are once again getting serious about buying. Flannery, for example, reports contracts within the past two weeks on several new construction homes that had languished on the market for quite a while.