I've heard a lot of talk about when the real estate market will return to back to normal and level itself out. With that, I've heard an assortment of timelines such as (Spring 2007, Summer 2007, Fall 2007, sometime in 2008, etc.). What are your thoughts regarding the market and when will it change (or is it changing already)? I know the word "change" is very open-ended in terms of the topic, but figured I would ask.
Personally, I've contemplated listing my home in March of 2007 (I told myself I would never move again..yeah right). Right now, I am a little hesitant based on the market (from what I've heard) , but wonder if things will change in the Spring or if I should stick it out and just wait. Specifically, I am wondering about the Chicagoland market, but would like to hear about other markets as well.