Hey, we're now the ideal buyer!

According to this article in the NYT, "Sorting out the New Housing Market", we are now the ideal buyer! In other words: we're renters with flawless credit and enough cash for a down payment. We don't need to sell our house before buying one, and we don't need risky loans.

However we're really enjoying our freedom, knowing that we could move at a moments notice and not have to sell a house. Or that we could downsize and slash our rent if we wanted to cut costs. Or that we could live off that cash cushion for months. Plus we're living in a rental that would cost us 30% more to own. Let's just say that we're in no hurry to jump into a house.