Ken, I couldn't agree more! I'm calling a bottom to all this mortgage mess around late 2010 or early 2011 and prices should be as much as 35-40% less than they are already in areas that had high speculation (FL, CA, AZ, NV, etc). Key will be to sit on the sidelines and save all the cash you can until then because it will pay big dividends. As one of my grad school profs used to quote to us religiously each day "CASH IS KING!!!"Originally Posted by paddlenbike