Are we at the bottom of the Market?

I don't think anyone can answer that with absolute certainty.

What I can say is I believe we have an unbelievable opportunity available to us right now:

1. Fantastic Mortgage rates available!
2. Government Sponsored Tax Credits for 1st time home buyers @ $8,000 and Long time residents Tax credits up to $6,500 Free Money!!!! for additional information go to http://www.irs.gov/newsroom/article/0,,id=204671,00.html
3. An incredible buyers market!
4. Plenty of inventory!

If your a first time buyer i am not sure why you wouldn't rush out and grab your piece of the American pie