It is a great time to buy for several reasons..
Loan rates are at an all time low,there are many home available at reasonable prices. If you are thinking of buying take advantage of the low rates. Many people are waiting for the economy to level out and restore its self, The only problem is if you wait to long rates could go up and homes could sell much faster giving you less of a choice...You should however buy when you are comfortable. I was on the fence on buying a new car, and what got me to buy was the great prices that are out there and I could not pass the opportunity up. Waiting 6-12 months from now I would probably pas much more. Also when you buy a Home or What ever your next big purchase is remember to spend with in your budget, because as I now there is no one that is going to bail me or you out........
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