I agree with LA Renter. Personally, I have no choice but to “wait on the sidelines,” is the line I hear so much lately. Of course I sit there, I was priced out of the market years ago.
As far as not “holding my breath,” as Pasadena Broker cautions…
“‘We consider it a success story,’ Shelly Taylor said Friday. ‘We paid the closing costs and met some other demands, too, but that’s really what you have to do. We were holding our breath there,’ she said, as the home competed with six others for sale nearby in the neighborhood.”