[Sylvanfan]

You're in a really good position and I think you can afford to be very choosy. If you see something you like you can loffer a lot less than the listing price. Just get a plan and stick to it, and don't let your emotions mess you up! Keep a close watch on the market because it won't just pick up and come back over night, there will be a recovery period before it starts moving the other way again. If you're watching it closely and you have the ability to move at any time you will be able to avoid missing out on the really good buying oppurtunities.

I went to look at places the other day and my wife got emotionally attached to a place we really can't afford. Now I'm the worst man on earth because I cant' singlehandely afford the only place in town she doesn't hate! But I'm looking in a very different market than Calgary so my situation and your's are very different just because the markets are very different.