Brentwood, Anyone?

If you read yesterday's Chron, you saw the article, but we'd be remiss if we didn't call it to your attention. Another in a series of very gloomy reports on the regional housing market. Once again, Marin and SF sales are down (along with every other county) and once again the median price for both areas is up. Haven't we read this before? Call us Pollyanna if you wish, but we still say that this all adds up to a rare opportunity for buyers willing to wade into the lower half of the market. The headline for this article in the print-version of the Chron was, How Low Will We Go? A fair question to be sure. What if you buy now only to find the market worsenes in the second half of '08? Also a resonable concern. But if your plan is to stay put for a while and the house you want is on the market now, we suggest you may risk more by waiting than by acting. In other words, whoever said "Buy up in a down market," probably knew what he was talking about.