Those with cash and good liquidty will be able to clean up.
I've been sitting back waiting to take advantage of it for three years now.
That's interesting. Your profile shows your in So. Cal. The reason I say this is because three years ago, you could have got a pretty good deal on a home. Not now.... I think you are going to have a long wait. Good luck..
I hope so! I want to buy a house, but getting k$30 together for a down payment is a significant challenge...