If you are holding off on buying because sales prices have gone down
you may have waited long enough. Especially considering the $8000 tax
credit for first time home buyers and current low interest rates (which
ultimately effects values). Also you will be able to write off any
interest you pay from your income taxes once you buy a home. Prices
have come down and they may continue to come down but if you buy in a
good location in Seattle now you should shield yourself from significant future
declines.
Call me 206 818 6898
Christiaan Bourdrez
REALTOR