Someday I'll buy a home. That will be after home prices get sane. The credit markets are tightening up; that will only drive up requirements for down payments. Thus home prices will continue to dive due to reduced competition from specuvestors and the lack of a qualified buyers pool. Notice how home sales rates are plummeting; that will only drive prices further. The bottom? Probably 2011 to 2014. When you do buy, buy smart.