Good topic because we should be aware of who the new buyers are/will be.
Us: Married, three kids, one wage-earner + some investments for a total of $100K-$120K (depending on O/T and investment returns). We have enough for 20-40% down at current prices (depends on what/where we eventually decide to buy), but will not buy until exotic loans have been out for at least a year (or three).
Agree with those who say the lurkers/posters here are not the norm. This also goes to show that “rich” people are not inclined to throw money away on overpriced homes.
