I’d say an important indicator would be 3 to 6 consecutive months of positive year-over-year sales growth.
Once that happens, I’ll start looking at all the other numbers. Until that happens, I’ll just keep
reading forums and hoping for my industry to stay healthy and for housing prices to crash.
Also – remember you need two things to pull the trigger 1) the right market conditions and 2) the right personal finance conditions.
Alot of people waiting for the market may not be ready when the time is right so add “personal financial situation” to the list of indicators.