It will be several years from now before you know for sure how good your timing was in buying your new home. There is just no way around it. Perfect Timing is not about deciding when to buy a home, it is about deciding TO BUY a home that is going to make you happy, and one that you can afford.
My recommendations to you are: Find a great Realtor (I know one). Find a great community or area that meets your needs. Find a great home in that community. Buy it. In a few years from now, your prospects for having appreciation are good. But if you believe you can time the market perfectly, you will still be looking for a house next year, in which case you are guaranteed that your market appreciation will be a big goose egg (another southern colloquialism meaning 'you did not meet your objective').
Don't be the person who looks back on this year and says "It really was a great time to buy a home in Austin, and I wish we had realized it.".
[You can reach me anytime by clicking here: all of my contact information is on Austin's ZipRealty.com web site].