Wow! In sixty years home prices have never been so low. For those of us who have been putting off getting our first home, wait no more! Now is the time to check out your credit rating, call your local mortgage lending officer and see what you can afford. Today you can get the home of your dreams at prices that havn't been available in our lifetime.
Why buy now? History proves that even during the great depression your property was the single greatest assest an indivisual could own. No matter what the market, you have a solid investment, and as long as you make your payments and don't refinance out the equity....your going to increase your worth. Lock in one of the super low interest rates today and be way ahead of your friends and neighbors because you took your time and bought when the buying was best!
Just a confirmation from CNN:
http://money.cnn.com/2009/02/12/real_estate/Latest_median_prices/index.htm
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