agree: every market is different

from her description you can tell the house is in unique location which is surrounded by hills.

if she can get a great rate right now, and it's already 30% less than others who bought at the peak time, and if she can afford very well with her budget, why not go for it.

supply and demand can change very well in limited locations, for example, beach front, on the hill etc. right now buyers are scared, supplies are less, price are down, it won't be forever for sure.