Bekah, Thanks for the question, It's a great question around the country these days. Although Lansing received a bad rap from the media for pricing drops and repo's I have experienced the homes that are priced correctly from day one, going within 5-10% of asking price. The problem is that sellers are in no position to drop pricing like the banks bailing out. Pricing of houses between 2001 and 2005 was inflated for a number of unfortunate reasons. We are now adjusting to that huge mistake in the market and houses will be sold at what the buyer is willing to pay. Good old supply and demand. So, my short answer is "there has never been a better time to buy a home. Rates are low, inventory is up, (More to pick from) and sellers are negotiating at lower prices. Provided your credit score meets todayâ€™s standards, I would say "Buy now'