Richard,

Thank you for sharing the words of wisdom from Dean Witter.   For those who listen and go against the crowd, there is opportunity to be had.   People were rushing in to buy homes when the home prices were going up a few years ago and they did not give a thought to it then. Now that home prices are coming down and sellers more willing to negotiate, people are concerned with paying too much (who would have thought that a few years ago?).  Instead, they need to realize the rare opportunity and take advantage of it.  It sure is a better time to buy now than a few years ago.  The market and the lessons from history are suggesting that it is a great time to buy!