Dan Kadlec has said it best in a recent Time Magazine article. Click the following link to read this exceptional article explaining why now, not waiting until later, is the time to buy!

http://www.time.com/time/magazine/article/0,9171,1713483,00.html?iid=chix-sphere

Our media thrives on disaster, but it is time to look at the facts and stop listening to the media so you don't miss your entry into this market. Take into serious consideration what this article shares regarding the fact that even if a home's value drops another 10% compared to what it is today, by that time the rates will have increased to "stem inflation" and your mortgage will be no less, if not higher, than what it would be if you buy now. Add to that the facts that we still have a very strong economy with plenty of wealth, we are still experiencing job growth rates which will continue to cause home purchases, and we have another wave of babyboomers coming into play that will again increase home sales, it is a no brainer that now is the time to take advantage of the deals that are available in this market. Don't wait until you are saying, "I should have bought when...!" Home prices have approximately increased an incredible 88% over the past 10 years, and have declined a mere 10-20% as our the home market has slowed a bit. You do that math...we are still way above average and historically home prices rise 6% per year according to NAR (National Association of Realtors), so even if home prices decrease slightly more in the short run, you will get better financing now and still come out ahead with your investment!