1: There is a large inventory on the market, so there are a lot of great homes to pick and choose from.
2: It's a buyers market so sellers are more willing to negotiate with you on their price.
3: Interest rates are still at historical lows! Today's 30 Yr Fixed Conforming is 6.5% with no points!
4: You are buying a Lifestyle not just a home, so you shouldn't worry so much about how much the home will appreciate because you are not re-selling it.
5: Prices won't be weak forever and if you are looking at Resort/Waterfront locations, those prices are guaranteed to rise the fastest. So even if you are not planning on moving into your retirement home for another 5-10 years, you certainly should not wait that long to purchase it.
6: According to NAR (National Association of Realtors), even though Primary home sales declined last year, rental, retirement and vacation home sales rose 5%.
7: You can purchase now and rent the property until you are ready to move in to supplement the mortgage.
8: You will have a great vacation spot for the whole family to use.