If you’re in the market to buy, this is your time. Prices have come down appreciably and there’s much more selection. If you see something that’s priced well and works for you, don’t wait — put in a bid. Assuming that there will be more and more great apartments coming on the market at ever-decreasing asking prices, or waiting for a markdown, is a form of complacency. Once the herd mentality kicks in again, so will the competition. Recently, there have been more examples of new listings going to contract quite quickly, some at full asking price. It’s time to get organized and be focused. If you’re planning to take advantage of the low interest rates, be sure to refresh your eligibility, so you can move ahead efficiently when that dream property crosses your path.