It actually is a decent time to buy. Yes, a lot of people missed out on the "best" time to buy and the lowest prices. But the market is continuing to show stable increases and is predicted to for at least the next couple of years. Also, interest rates went down again to just under 4%. Sure, you were better off buying back 2-3 years ago, but right now is not a horrible time to buy a home. Prices still aren't as high as they were in 2007 (in most areas, I know here in Seattle pricing is back up) and interest rates are still at a record low, and we don't know how long they will stay there. If you look at it as a long term investment you should be able to do pretty decently purchasing now. Real Estate will always be unpredictable, so it is always a risk. It's the people that don't hang on and freak out, selling their investments early when the market crashes, that lose out. You have to ride it out and wait for it to go up again before you sell. If you can. Now is actually a good time to sell. LOL.
