Wait until the data comes out and catches up with what is going on now. Prices are rising and it is real not bubblicious. Yesterday I saw a property go into escrow with 10+ offers the first week. Was priced at the top of the comps and it went 10 to 20K above asking to an all cash buyer with no contingencies. Last week I saw 2 houses go into escrow about $50K above asking prices. Today I saw a junky REO close $30K above asking price and I thought the asking price was too high. Buckle up folks.