I like Laurell K. Hamilton - the Anita Blake Series and the Merry Gentry Series. I also like Charlaine Harris - the Sookie Stackhouse Series (that TrueBlood is based on)
Personally I love Wings by E.D. Baker. It's mostly about a fairy but there's goblins and halflings and a bunch of other creatures. It's really great, I've read it about four times.
Paranormal? Or Fantasy Fiction stuff? I'd recommend the Dragonrider's of Pern to anybody. Of course if you want a story far far superior to that Twilight stuff, read Bram Stoker's Dracula, there is even a film of it still kicking around which is nice =)