Good News: Foreclosure inventory at it's lowest point since the end of 2008 reports Lender Processing Services. http://www.lpsvcs.com/LPSCorporateInformation/NewsRoom/Pages/20131122.aspx
If your looking to sell your home the good news is that prices are up overall since last year by over 11%. If your a buyer there is also a bit of good news, homeprices are down about 5% since last month.
If your buying of selling the glass can always be viewed as at least half full. Although mortgage rates rose a bit recently they are still historically low. Although exsiting home sales fell last month it's important to remember that we had a 2 week government shutdown during that time. Repercussions of the shutdown had a deep trickle down effect.
The best time to buy a house is when your are reaady and the home of dreams is avilable to purchase.