BUY !
BUY !!
BUY !!!

Try to obtain extended closing dates and terms if you cannot buy at Hugh discounts.  If you have cash do not be afraid of leverage in this market.  The market will begin  to accelerate upwards as rates drop and pub

lic perception is convinced the bottom will stay put.
As always, look for superior locations, value added projects, or expanding square footage without additional land costs.
For the more adventurous, syndicate funds with a few friends.  Look at fixers and bank owned turn around transactions. Real Estate cycles and there is no profit until you sell.