Here’s my other take: Those who are itching to buy now, despite having read many well-reasoned Piggington warnings, should go ahead and buy (cure that itch ASAP). Two or three years from now, when so many houses will be selling at huge discounts, I prefer that there will be less competition for me. May those with patience like me be rewarded and enjoy the “feast” of many juicy selections of houses and buy two or three at super discounts! So…. for you, go ahead, and buy that overpriced POS. (Reverse-psychology is fun, doh.)

A moment ago, this was what my ZipRealty searched as noted:
“There are 21,562 homes for sale in
San Diego, CA as of 9 minutes ago.”

Two or three years from now this same day, what would be your quess???