Found this board In January 2007, while searching for info on the housing bubble. I knew there was a bubble, but did not really know when it was going to Pop. Glad I came here, and did research. I placed my home on the market, and sold in April, made $240k profit. I then rented rent free living off the interest of the profits, for some months.
I did however go against the wisdom here, and purchased a bank owned home. I put a bid on the house at about 30% off peak, which I was thinking would be were the bottom would be. Since the bank approved, I am in my home now, and enjoying it.