I've read from numerous sources that the banks are holding foreclosed home off the market until the spring to keep prices high during the 'first time homebuyers credit'.<p>Once it expires there should be a large influx of new homes for sale which will drive prices down. It's a game of buying now for the tax credit and 'saving' $8,000 or waiting a few months and possibly saving $20,000 because home prices have dropped.