House hunting again

I have spent the last few days in a rather rainy Napa valley with the vinocrew,just sitting around eating,drinking and chatting nonsense. Much of the conversation has centered around my continuing quest for a new house somewhere in the valley. At the end of last summer I agreed on a deal for a house on the west side of the valley up among the redwoods, a deal that fell through when we discovered the pregnancy of Mrs OTW. As it turns out the rather good deal I had struck was not so good, as the house has now sold for 100k less than I agreed on...whoops! So now I have to look for a house that fits my no doubt impossible criteria plus I have to figure out if the market has bottomed out. It does seem that many people despairing of the present situation are holding onto their houses in the hope that sale prices will improve, as I have noticed a distinct lack of quality properties coming onto the market. So yet again I am scouring all available information and driving around the valley like a madman...after all ,the coming baby will not wait.