I actually see bargains every day of the week.

You remind me of the stock investor who waits for the ultimate low to enter the market and the ultimate high before they sell. You know where pigs go...to slaughter! Being a pig in real estate will lose you a property that could've been yours because you were off $2500 on the bid. How would that feel? You lost a $445,000 luxury home appraised at $535,000 because you wanted to wait another year???? Every home has a buyer. Never forget that. Lending requirements are changing daily. Countrywide Mortgage may be in bankruptcy by the end of the Winter. You want to chance it that your job is always going to be there? You can get a loan when you're employed, can't when you are on unemployment, friend. A home is worth something. A home in Colorado Springs that sold for $200K two years ago is never going to sell for $100K, that's just " Kevin Trudeau " late night TV stuff. I don't run my financial life off late night tv. That's why I'm a wealthy Mtnnn Mannn. I can buy that home, right now, for $155K. That's a buy in any real estate mogel's handbook. Now, you can wait until that home goes to $145K...good luck to you. They'll be investors on that property like flies to cow manure. For the average folk out there, take the bargains when they are priced as bargains. Don't ever wait around to "steal" because you and I both know that you aren't the best thief in town. Find the area you want to live, make your 30% lower than appraisal, enjoy the home. Ride this cycle out and wait until values return, and they ALWAYS RETURN! That's how to get wealthy in America...take it from one who's done it, does it today, does it tomorrow. Tweet