They are buying homes today that don't have inflated equity..

They don't have to wait for their home to sell.

They have sellers willing to pay their closing costs and buy-down already good interest rates.

They are in the first Buyers Market in nearly 8 years.

They have the largest selection of homes in 15 years.

They can get that extra bedroom or bath or garage.

They can still buy a home with 3% down, a job, and reasonable (not perfect) credit through FHA..

FHA loan limits are the Highest ever $729,750 (with rate add-ons)

If rates go dramatically lower, FHA has a streamlined refinance program that doesn't require re-qualification of the buyer.

If they buy before July 9, 2009 they are eligible for a $7500 tax credit.

If they buy before Dec 31 2008 they will get that back with their 2008 return.