My wife and I are consiering buying a house sometime in the end of the year. We think it would be a good idea to invest in something rather than rent, plus we need a yard for the dog. However, we have no idea what the real estate market in Oklahoma City is going to do, thus we dont' know when we should buy. From what I've seen, the home prices haven't really been going down in OKC like they have in other areas of the country. But I am thinking that with rising unemployment and the overall sagging economy, that the OKC real estate market could take a tumble within the next year. So what do you think will happen? When would be a good time to buy a home?

Thanks for the help.