I want to buy too. It is hard to wait but necessary. It seems clear we have turned the corner. Some people are already in trouble, forcing a few below comp sales. PS is right, I do not think sentiment has changed that much. It is going to take hearing bad RE stories from your hairdresser, cousin or neighbor down the street before it really sinks in. Plus, I do not think the newspapers are really going to print the unvarnished, ugly truth until it can no longer be sugarcoated. Just about every article has some realtor or seller saying, “It is just a soft spot, we expect things to firm up in a couple of months. Nothing to worry about.”
