In South Florida, the market is still falling. This year, they'll see a huge spike in foreclosures. As banks try to offload those foreclosed properties, neighborhood prices should drop even further.
That means there'll be a lot of opportunities here if you're looking to buy a home in six months.
That also means housing won't stop dragging the market down for some time.
You can continue to expect a bear market in stocks, so stay away. Instead, consider the Ultra Short Dow Proshares ETF (DXD), which gives you a two percent return every time the Dow Jones drops one percent.