Click on the link below to see the story about how the median price for non-foreclosed homes has declined 4% in Cuyahoga County.
http://blog.cleveland.com/metro/2009/01/cuyahoga_countys_median_price.html
Buyers, make a decent offer so as not to alienate the seller. Trying to time the market and waiting for the "bottom" doesn't work because when you are sure the market has bottomed, prices have already risen and you miss your chance at buying at the "bottom". Prices are substantially reduced already and you can rest assured that you are getting a good discount on most homes! Stay tuned for pending legislation that could provide more tax credits for first-time home buyers!
