I feel that the media has generlised the info about real estate. Pres. of Nar said real estate is localized. You must review real estate in your own market. I am in Middle Tennessee and our market is still growing. Yes, it is moving slower than two years ago but we have buyer looking and going to close. Edsil Charles, Market Review, said that in our area we have more than 4400 new finished unoccupied homes for the 11 county area. We should have less than half that number. That tells me that now is the time to go to the table and get "a deal" for my Buyer. If you are an investor and want to buy in the Nashville area, down town is great for the new home market because there is an abundance of new unoccupied condos.