I do not trade anymore but I have some investments in the equities and metals etc in the 401K. Is it a good time to buy a condo or a town house for an investment purposes. Or should I just hold on to the cash? I understand that the prices can fall another 10-20%, but one can almost never catch a bottom. I have done some math and the rent should pay for the condo if I get a 15 year loan. On the other hand, if I can pay with cash, there are some compelling deals in foreclosures. The only way I lose big is if I can not rent the property out and the association fees go through the roof with large number of vacancies. I have respect for the ET community, so I am expecting a well balanced response. Please no perma bears with their doom and gloom scenarios.