Real Estate has gone under a serious price correction in the last 6-18 months. However, as in past downturns in the economy, the Real Estate industry will make a strong comeback.
Most people don't start to feel the effects of a recession until it is in full force. The same thing happens to a correction, we often don't feel the effects until we are well on our way to recovery. THis is important because now is the time to buy if people want to receive the greatest return on thier purchase. Most people buy when the market is hot and sell when the market is cold, but savvy investors make money buying when the market is soft and sell in good times.
Smart buyers are in the market and looking NOW!