>>However a good time for buyers and investors.<<
But not as good as it's gonna be! There is virtually no risk in waiting this out, but LOTS to gain. There is LOTS of risk jumping in now.
After all, a home that was worth $500k and is now at $450k looks like a good deal, until it's worth $350K a year later.
I used to sell CD players for $1,299. They looked like a steal when they went down to $799. They weren't.
The market may continue down. As I said, pay attention every month and go for.
Another variable, where do you want to buy and what's happening in that particular local market?
Earlier I said Fallbrook is up 4%. However, nice resort area Cabnyon Lake, if you wait you may get another 5% drop. So it's your particular interest.
If you're flipping in Bullhead City, Utah or Fla and they're at the end of the 1st of ten phases, write the check this week.