First Hand Evidence of Housing Market Slowdown

When I was at the realtor's office yesterday, I saw that our townhouse had been relisted (makes sense).  The house is being listed $10K BELOW where we had agreed to buy it.  Our price was already $25K below the original list price.  It's interesting that the housing market pullback began almost at the same time as when we signed the contract to buy the Kimball house.  Wow!!!  Another good reason that we didn't buy that house! 

Now we have a chance to buy things that would have previously been out of our price range.  Of course, who knows how much farther things will slide.  We are going to proceed slowly (mainly because of Adam's very cautious approach).  I am determined to keep looking though.  I know "OUR" house is out there somewhere.