Keep renting all the way!
In this current market condition, renting is favourable. However, there are also builders selling standing inventory close to final closings at heavily reduced pricing. Those will make the argument of continuing to rent a bit more difficult depending on what your rental rate is now.
If you are buying a condo you can wait to see what happens come spring and fall as prices might still continue to fall.If you are looking for a house some good homes are selling fast and multiple offers but others are sitting. My advice is that if you are buying for personal use this is the best prices you will see and you can still negotiate. If you stay renting next year could cost you a lot more money and frustration as competition will increase. Let me know if you need some genuine advice.
Always your decision
Hi Greg, Now is a great time to buy. If you are interested, I can give you a copy of my book which will give you the most important tips and guide you to the right place to call home!