Even if just from an interest rate standpoint, the best time to buy is Now. Interest rates always rise faster than they fall and who wants to wake up to find that the house they thought they could afford is now out of the question because the rates rose dramatically. I'm one of the world's great procrastinator, so I am compassionate - but think of it as dollars and cents. And that's not even considering the first-time-homebuyer's $8,000 gift!
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