It's important for people like me that are deciding whether to buy now or buy in a year or two.
If you can afford to buy now, how does guessing what will happen in 1 year help you make a decision? Sure, you'll come back and say "if prices drop by $35k, I'll have saved a lot of money", but thats exactly like saying "if I buy a lottery ticket I might have $10 million Thursday AM". No one here has any idea what the market will be like in 1 year; a lot of people on HHV have been claiming for almost 6 years they can tell the market will drop. It hasn't helped any of them. Its market timing, and in my opinion its a poor way to make financial decisions.