I would wait as prices are going to continue to decline. Only problem is that there is a credit crunch about to hit the US, no more loans, much higher rates, and you actually have to have a down payment again (gasp). This has already hit the UK I believe?
If you have some $$ in the bank (actually in precious metals) and good credit then I would for sure wait... I would just rent out one of these houses for sale as there has to be plenty of houses to rent for great prices right now.
If you have some $$ in the bank (actually in precious metals) and good credit then I would for sure wait... I would just rent out one of these houses for sale as there has to be plenty of houses to rent for great prices right now.