Real Estate on hold?

It's strange how everyone seems to be acting the same way with regard to the real estate market. Although everyone's situation is different, most people I talk to are putting their plans on hold until congress gets this whole bailout fiqured out. Even those that have cash in the bank (or mattress if they prefer) are waiting to see if the bailout works, or at the very least, they are observing the reactions of everyone else to see how they should react. I cannot say as I blame them. If you do not at least reflect and pause about the entire situation, check your pulse. It's a wild ride, and yet most of the underpinnings are fundamentally the same as they were 24 months ago. It's just that the route to the end is going to be different. I still beleive that after a few months of uncertainty, the market will begin a slow and steady climb back to healthy levels.