A Hard Rain Is Gonna Fall
It is impossible to look at the following chart without drawing one conclusion and one conclusion only - things will have to correct themselves:

(If for some reason that isn't as clear as it could be, it's located here as well.)
I obviously have many - most - friends who are homeowners. I'm not one, yet. And the plan Abby and I have is to start looking sometime next year. Everything I read suggests the housing market has already started slowing down, but this chart would lead me to believe that a "slow-down" is possibly a euphemism for "death knell" or "total collapse."
And while I love my friends and family, in the immortal words of the Worst President Ever, "Bring it on."