Hi Chris! I agree with Joshua's statement. It is an excellent time to buy right now but the market is still dropping. I don't see this even starting to turn around until probably 2010 or maybe longer and then who knows if property values will ever be what they were in 2005 but you will still have a good investment because you bought while prices were near the bottom. With all of the foreclosures and short sales out there, there are definately some great deals to be had. Please feel free to contact me with any further questions you may have.