The RE market along with the rest of the economy will be getting nothing but bad press by spring. There will be zero good news. The "herd" will finally "get it" and housing will considered a pariah investment.
We are years away from a point where any sane person would "invest" in an asset that is 100% guaranteed to lose value.
Combine that with a job environment where there is also a 100% probability that many jobs in our area will be lost and you have the "perfect storm" to knock prices back to where they should have been all along plus some "undershoot".
So is next spring a good time to buy or make an offer?
