I knew nearly all the replies I would get would be able “why am i buying”… but sometimes not everybody buys or not buys for the same reasons. Some people actually buy a home because they saw something they really wanted or are in need of a home. Some get tired of renting…there are indeed other factors for buying. Even if I waited for further price drops, I may not come across what I really want to be in. I do not want to buy because it was a best deal, especially if it’s something I don’t completely love. But that is me. As the current prices continue to fall, the realy good deals on foreclosures get more competitive. Even in “4Closure Ranch,” a home listed before the weekend, entered escrow on Monday…it had 34 offers on it. So for me, I really want this home to live in and enjoy. 🙂