The Wall Street Journal has an excellent article about the right time to buy a house. Here's an excerpt:
The Clouds Haven't Quite Parted, But the Long-Term Case for Home Ownership Is Looking Stronger.
Back in June 2006, when the housing market peaked, the prospect of a five-year national housing bust seemed unimaginable to most people. And yet here we are, with the latest Standard & Poor's Case-Shiller index showing that prices hit new bear-market lows, falling back to 2002 levels nationally and to 1990s levels in some battered regions.
Despite all the gloom, however, there are growing indications that it is a good time to buy. To read the rest of this article and see the interactive graphics, click HERE.
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