[quote=gzz]I waited until 2011 to buy my first house because of pricing issues and read this site then as I waited for the bubble to burst.[/quote]

Same boat here. Despite the frenzy, I found this site in 2007 and it validated my belief that the market was insane due to artificial demand created by ridiculous lending practices. So glad.

Bought first home in late 2011 and have been amazed by the appreciation. Sometimes consider selling, but then what? I don’t see much probability for material depreciation in the near term. Happy to have piggington around to help me navigate.