What are Home Buyers Waiting for?

Amen.....I have been running around saying the same thing.  Between the government throwing money at people to try and lure them into homes and historically low interest rates it is just a crime that more people are not taking advantage of this opportunity.  Like the old adage says "you can lead a horse to water, but you can't make him drink".

First time homebuyers are notoriously gun shy.  I had one couple bail due to "stress" this week (we looked at 7 homes) and are going to "slow down" in their process.  And then, I had a couple from last year take me up on my latest re-invitation and have joined the fray again.  No matter how gently you go with them, sometimes they just don't want to make that big of a decision.  And with all the bad publicity regarding foreclosures and short sales, I can't blame them for worrying that some how they might end up being a statistic themselves.