We are in the best and worst real estate market in over 25 years.  Best because it’s a Buyer’s market.  Now is the time to make a deal.   In many areas, I don’t think you’ll see home prices this low again.  That is, if the economy makes a comeback next year.

It’s a bad market because — well you know the reasons for that.  No need to focus on more negativity.

You know this is the right time for you to buy if:

• you’ve been saving your money
• you believe your job is fairly secure
• you expect to own the property for at least 5-7 years and
• you have a 6-8 month cash reserves in your emergency fund.

Is it your time?