All I can say is that there are some deals out there. Buyers are picking up some steals. Prices of condos especially have dropped. If you felt that you missed the market in 2005 or 2006, this is your chance...
Ok, the price of everyone's home has dropped. This is not news anymore. Unless you are living under a rock or on a desert island you've heard the news stories and seen the lack of sold stickers on for sale...