What does it mean if prices are trending back up? Well, once the market shows any sign of improvement, opportunities start slipping away. The very moment sellers no longer have to make concessions, they won’t.
Do you realize that prices are not static? They weren’t in between ’03 and ’05 when they were going up, and they are not static now. The reality is that you only have two opportunities to buy; when prices are rising or when they are falling. If you wait, you will only get to buy when they are going up. Would you rather negotiate in a falling market or rising one?