Well, if you still have any doubts, here is just one more piece of information that tells you where the economy is headed which translates into more foreclosures, job losses, etc etc etc
Just because a certain number of people refuse to accept reality doesn’t change reality. If you choose to go ahead and buy a home now, be my guest but my educated guess is that if you do, you will be back here within a year moaning about how much the value of your house has dropped (just like the guy from Temecula that we told not to buy but he did because he wife just had to have a house………………he came back on this board around six months later and his home value had already dropped over $50k+)