The inventories in this market are so many and a lot of the buyers are not taking advantage of these opportunities. Our market is flooded with short sales, REO or Bank Owned Properties and re-sales. Buyers with the tax credits available still asking if this is the right time to buy, interest rates the lowest in 40 yrs, good things do not last forever, get off the fence and get your home now, this is the best time to buy your dream home make no mistake about it because buyers have the upper hand especially if you have a credit score of at least 620, you can have your agent negotiate strongly on your behalf when you scout the right home that meets your need.
Bear in mind the saying " what goes up must come down conversely what goes down must come up" be a wise buyer buy something you can afford avoid buying something that puts you above your means. This is my one cent advise for all the buyers in 2010.