Market Signal Says 'Know When to Hold 'Em'

The market in Minnesota has definately entered a trough.  More homes coming on the market are sitting.  Stories are running the the local paper about this.  In my market, there are a good supply of homes for sale...some in my sites, but I'm waiting.  I'm not calling my realtor, and not looking, because I see price bargains ahead.  i've looked at one house currently on the market with a small kitchen, but the rest of the house is in really decent shape.  As anything but a rental, it has a big black mark on it.   Come December, when the market is dead, there will be 3-4 houses in this situation, and I'll start submitting bargain (for me) offers.  Should be a fun winter.  Happy hunting to all my fellow investors.