What will it take to get you "off the fence"?

Most everyone reading this blog is reading it because they are looking to purchase a home. I am wondering what it will take for you to take the plunge.

There are some facts we know and some we don't. We know prices have fallen considerably in the last 2 years. We know that prices in most of the IE are still above historical norms. We know the economy is in bad shape. Interest rates are still low. Inventory is still high. Sales numbers have picked up but they are still some of the lowest in the last 20 years.

We don't know how much farther the prices will still fall. We don't know what the interest rates will do in the future. We don't know how bad this recession will be. Some of us are in industries that may be affected by job losses (like me in defense) and we could lose our jobs.

So what will it take to get you to buy?