oh, the negativity!

No matter how bad it gets, it will pass. Each time our economy recedes, it comes back stronger. You can't time the market, but we are getting closer to the bottom, but won't know we're at the bottom until the media reports it months later. There are too many buyers out there looking for the "world's best deal of all time", but I think it's definitely possible to settle for getting a great deal now. There is almost too much information out there, causing paralysis, but in Pasadena in the past 2 months the low end is getting multiple offers and is probably hitting bottom.