Congratulations! You sound like a winner in this shoot out. As this all plays out over the next few months and years we will find out who the players are and who the pretenders are. The idea that there will be some magical market bottom is myth. Any property can be at the bottom at any time with hard work, patience and a bit of luck. Real Estate is the Wild West and you make your own bottom many times.
For the well informed, well advised, ready and willing buyer there can and will be great opportunities all along the road over the next few years. Most opportunites are not good but they will be great ones out there for the opportunistic individual. Educate yourselves, know what you want, how much you think it is worth and be ready to strike when you find it. It may be tommorrow, it may be next month, it may be 5 years down the road. You never know!
