Hey Clive,
Well It's finally been 2 years since my parents put their house on the market and we now have a serious buyer. I'm not saying that they will buy the house, but they are thinking about it. When we opt to sell the house it was appraised at $900,000, yeah wow. The final asking price now is $445,000. That's a lot less than expected for. Real estate might be picking up now because its at an all time low, but a lot of people still think the market is going down. In my opinion I would wait until the market starts going up a bit, That's when people will realize they need to buy buy buy.