When is a good time to buy???

In my area prices are back to 2000 levels in some areas, most if not all of the gains that happened from 2003-2006 are gone and then some.

you can purchase a newer home in a desirable are for less that $100 a square foot and still buyers are waiting for that magical bottom, we wont know where the bottom is without the benefit of hindsight and then its too late.

Its a fantastic time to buy, Prices are low, interest rates are still close to 6% and the choices are outstanding.

My advice is not to sit on the sidelines, if you are waiting now is the time