It really, really depends. Mostly on the area you're looking at. A lot of people say it's a buyer's market, but that's only really true in some places -- even a

It really, really depends. Mostly on the area you're looking at. A lot of people say it's a buyer's market, but that's only really true in some places -- even at the height (pit?) of the real estate crash a good house in a great location was never 'cheap'. Silicon Valley is a very, very hard place to buy a house right now -- inventory is crazy low.