Just reading through Reddit and the official forums, seems people were camping all day.
Then you have people like this...
"Yeah basically. I know it's kind of selfish but I'm trying to collect all 9 types of houses. After today I'm 5/9. With two Mansions, and 3 Smalls. Almost there! "
From this thread: http://forum.square-enix.com/ffxiv/threads/276580-Servers-up-no-houses-demolished-yet/page12
Apparently Balmung was sold out in 60 seconds...crazy talk. They really haven't fixed anything with this...