"Contrary to media perception and outsiders looking in to the real estate market, it's not all bad or dire. In fact, buyers can pick up very well-priced properties, but strangely enough they seem to want until the market rises again before they buy. The bottom line is, they will miss out" Chris O'Shaunessy (agent), Biggin and Scott
But I agree with him. Is it really such a ridiculous comment? (May I ask, do you own a home, mortgaged or not, or are you renting?)