Several on this forum are actively looking for homes. Some will wait for prices to hit bottom, while others, such as RightSide, are within weeks of purchase.
Chris and Bugs and others, what would you see as reasons that people might want to buy now? I mean, even the guy making $7mil/year doesn’t want to lose money. What motivates a person from this forum, who knows about the dropping market, to buy a house now? I find this a fascinating topic.