Waiting for Recovery

When you think about it we are all waiting for recovery from the market, except for the buyers. Most buyers want recovery but only after they have found their home on clearance sale right? In this market the buyers are having a ball and the sellers are crying in their soup. Just a mere 4 years ago the sellers were the ones who were really controlling the market place and loving every minute, and now it's the buyers turn.
Buyers although they understand what sellers are going through, feel it's their turn to be rewarded and they are. Prices haven't been this good since 2005 and buyers are making out with "free" interest rates, (at least when they dipped in to the 4% range I consider that free). Oh and that $8,000 tax credit, again free money from the government if you qualify. So where's the risk? And the big bonus for buyers....when the market swings back up so many of them will be dancing for joy at the equity boom they will see and they will talk about the time when they bought when the market was in the tank and how they got such a great deal.
Oh the world of real estate is such an interesting place!