It seems that with the interest rates at an all time low, now is the best time
to buy a new home for first time buyers or even investors.  The only problem with buying
a home is worrying about your current job.  Since there's a high number of lay-offs
happening now, all of these factors should be considered before jumping into today's
market. 

A new home is the biggest investment anyone will have in their lifetime.  As long as
you purchase that is within your means, then you shouldn't have any major problems.
I currently see people in trouble that have purchased a number of investment properties
and they can't current keep all of the mortgages going.