I’m in no rush, but I am also in the minority in that I don’t care a whole lot about what prices do as long as the home I currently own holds up well against where I want to go. Since I am not a market timer when it comes to my primary residence (which I’ve owned since 1998), moving for me at some future point will be just a lateral transfer of equity (since I don’t see a long term rental as a viable thing for our family). Of course you want to maximize the sell/buy deals for yourself, but I am not going to lose sleep over it.

Now, if I had been a renter for the last 10 years and I was looking for a place to jump in, I might feel differently and consider waiting this thing out some more, as most on this site seem to favor.