Now is the time to buy a home if you cannot afford a down payment. The days of sellers contributing money to a buyer's down payment are nearing an end. Because of this many would be home owners will miss out on the opportunity of home ownership. This will be another cause for a further decline in home sales and lingering listings. Not to mention tighter lending standards which have basically shut out thousands of potential home buyers.

With interest rates fluctuating daily, buying now makes perfect sense. Home prices are ripe for the pickings and interest rates are not as high as they could be in the future. Buying a home in today's market is a great long term investment that should not be put off until the market makes a comeback. By then, interest rates could be sky high. So take advantage of seller assisted down payments before they are gone.

Buying low and selling high is the backbone of savvy real estate investors. I read a quote somewhere that goes something like this, "You don't wait to buy real estate. You buy real estate and you wait."