Timing the Housing Market

[David Meier]

Hello BP Friends.  My wife and I are ready to buy a rental.  We can only afford one in a expensive area so we need to make the next purchase count. Stocks are down and unemployment is up.  We feel that home prices will be going down.  I have heard to not try to Time the Market, however like most people we would like to buy when the market is low.  Different markets will of course will have different demand.  My question is "When are you planning to buy and why?