I've been waiting for the prices to dip all year. As tabs indicated the holiday season is a buyers market as we have a lot of homes on the market right now.
Early this year my Mother in law was in the market for a condo, $285K was her limit. In a few short months the market roared past her number and she missed out. She was really depressed and thought instead of buying a new car with her down payment savings. I've been advising her to sit tight (don't buy a new car - get used w/20K miles) and wait for the real estate price dip, maybe not such good advice. Several real estate financial folks and realtors friends recently told me that they expect San Diego and North County to appreciate 15% next year. If that's the case then no more homemade apple cobbler for me
