Randy, welcome to the forum, and the best type club on the planet!

I'll just echo Stacey's warning - watch out for "sitters," planes that haven't flown much in between annuals. You may just end up spending three times what you purchase it for in the first few years of ownership. Ask me how I know....

Of course, if you're willing to put in the money, it's always good to see someone getting one of those birds back up in the air often instead of rotting away on the ground, so...

I personally don't see the prices coming down soon. They were already on the way up for 150s and 152s after Basic Med was implemented, and pilots that lost their third class medical just a few years prior started looking to get back in the air for as little TCO as possible. Then COVID shutdowns forced some pilots to have to unload their planes, and it seemed like flight schools from overseas/outside the US started buying them up for, it seemed, whatever people were asking for them. That drove the average prices up a little. Toss in the recent inflation increases, and it seems to be even more of a seller's market now than in recent years.


States I landed in N63420 while he was mine:
[Linked Image from visitedstatesmap.com]
KDCY

"Flying a plane is no different from riding a bicycle. It's just a lot harder to put baseball cards in the spokes." - Captain Rex Kramer