Not according to the St. Pete Times...they suggest that the according to the economic signs, real estate prices will not stop declining this year, that they will continue to fall into 2010!

The article goes on to state that although inventory is declining nationally, it is still very high in the Tampa Bay, Hillsborough County, Florida region, peaking at over 35,000 homes and with the unemployment rate topping 10% it will "crimp" the housing demand.

Well, okay..but someone must be buying them, according to the Greater Tampa Association of Realtors (GTAR) the housing inventory is  the lowest that Hillsborough County has seen since 2006! Job losses obviously will not drive someone to purchase a home, which means that the demand is coming from somewhere. What about retirees? Second-home buyers? Foreign real estate buyers? These potential homebuyers are not suffering from the unemployment rate.

I agree that we are not at rock bottom yet, but there are some incredible deals out there now, deals that go back to 2003, and they may not be there tomorrow!