All of the ingredients are in place to make this the best time to buy a home.
Home prices have hit bottom, according to most experts.
Interest rates are at 5.125% - an all-time low.
Sellers are desperate and willing to negotiate prices even lower.
Credits are available for first time buyers ($8,000) and current homeowners who have lived in their home for 5 consecutive years out of the past 8 years.
If you are in a position to buy now, especially if you don't have to sell a home, this is the time to do it!