I love the news media, they only focus on negative news. Like eveything else there is good news in the air if you are a potential buyer. With the decline in pricing opportunities abound.Sure, if you bought at the peak of the housing boom, you have witnessed a decline in the value of your home but this decline is only temporary. Perhaps you can use this decline to re-negotiate your existing mortgage. There are opportunities here. Remember the old story, every cloud has a silver lining. Get creative!