If everyone is waiting for a recession, will there be deals?

[Jen L.]

Hi all, It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now. If the market drop 10% and everyone jump in, can we still find deals? I'm not even considering the hedge fund money...

[Russell Brazil]

Well I just reviewed the case shiller index going back to World War II.....and the only 10% drop in prices nationally I see is during the the recent financial crisis/housing collapse.  

So I wouldnt exactly bet on that type thing happening twice in a decade if it's happened only once in most peoples lives