After studying the facts on the real estate market as an investment opportunity
I couldn't say it any better than the statements below from Keeping Current Matters:


"Forget stocks. Don’t bet on gold. After four years of plunging home prices, the most attractive asset class in America is housing. Let’s state it simply and forcibly: Housing is back. Two basic factors are laying the foundation for dramatic recovery in residential real estate. The first is the historic drop in new construction … The second is a steep decline in prices, on the order of 30% nationwide since 2006, and as much as 55% in the hardest-hit markets. The story of this downturn has been an astonishing flight from the traditional American approach of buying new houses to an embrace of renting. But the new affordability will gradually lure Americans back to buying homes. And the return of the homeowner will start raising prices in many markets this year."

I hope buyers are not sitting on the fence too long.