My prediction is wait till this time next year.Then we might start to see a growth in this market.but thats not what other people are saying. As said by the Treasury Secretary Henry Paulson "There are some signs of slowing growth, analysts say, but nothing compared to the residential real estate market, where foreclosures and mortgage defaults are still rising rapidly, mainly from subprime mortgages extended to risky borrowers. Most economists forecast further declines in home sales and prices, making it the most significant current risk to our economy.No matter what other people are saying now is a great time to buy.Lets take a look, Prices,intrest rates,Taxs, are all on the way down.A excellent time time to buy and hold and when this market rebounds it's 2003-04 all over again.And cashing in on your equity you have made over the last 2-3 years.