[quote=rent4now]I think waiting right now is a good thing. Its hard to find a good house in the mid to lower price range. Its amazing how quickly a good house goes even in this environment!

Of the people who have bought in the last 2yrs how many of you had 1+yrs of cash reserve?[/quote]

Maybe I am cynical. But I think good house with great price will go quickly in any environment. There is always people with money in any environment.