schizo– Yes, it’s difficult to predict things, especially as time horizons increase, but as bugs pointed out a few days ago, the one thing you can be pretty certain is prices will continue to go down next month.
While it’s fair to suggest that people stating where thing are going to be in 2010 (or whatever) could well be wrong, there’s an overwhelming probability that your statement that “today could be the bottom” is wrong.
Again, I say what’s the rush? House, condo, I don’t care, they’ll both go down in price before they go up if you buy them today.
