We were surprised to see this headline especially since we are reading posts almost every day claims bidding wars and scarcity of inventory. It makes us think the media is almost 1 year behind where the market actually is.
The following articles seem to confirm that the market has already shifted and those buyers waiting "to jump" in 2013 will have to jump much higher in terms of dollars.
As the first article above says;
"Home prices are finally starting to recover, but they're still low enough to get a great deal. Add to that interest rates that are at historic lows, and 2013 may be the time for first-time home buyers to finally get in the game."
Now is the time for buyers to get in the game!