Why do you even care what other people are doing? Whether they are “overpaying” as you suggest? Home purchases are separate independent events.. It’s not like the decisions of a few here are going to make an iota of difference on the entire markets one way or the other? I’m trying to understand how a few glimpses at some of these foreclosure sites + a few blog entries all the sudden makes one an expert on the RE markets and an economist. .I’m sure if one really want to selectively find all the data one want to convince oneself now isn’t a time to buy because one’s not ready, you can probably do that. It might also make one feel better by believing one is smarter than everyone else by calling everyone else an idiot…But I’ll remind you that some folks on this board have been here a long time, and made pretty accurate predictions A FEW YEARS ago. Well, whatever floats your boat…Again, good luck with that 50% off home purchase when you are ready.
