You are in a great position. Time is on your side. RE takes a long time to move, the downcycle has only just begun. Luckily you didn’t listen to your agent. Many people bought the line, “if you don’t buy now you never will be able to”. That’s total BS. Its tough being a contrarian but can be very profitable. The old adage, it’s best to buy when everyone is selling and best to sell when everyone is buying, is perfect for this real estate bubble. Now we are on the sell side of the equation as inventory continues to build. The buyers market has only just begun.