When I first read the title I was thinking stocks. Ok houses? Well all things considered I think it is a good time to buy. We bought 2 1/2 years ago in Lemon Grove at what we thought was going to be the bottom. Zillow currently shows it worth about 5K above our purchase price. Although we paid over $200 per sq. ft. our place has a big lot came with upgraded kitchen, dual pane windows, newer roof. So it really all depends on the property. As any agent can tell you no 2 houses (well at least older houses) are the same. We didn’t get the fireplace we wanted but we are still glad we bought, just wish I hadn’t paid 1/2 point for the better interest rate. Oh well!