It is still a buyers market out there and it is a great time to buy. If you are first time home buyer, you shoud take advantage of this exciting opportunity to finally be a home owner while the getting is good. There are so many homes to choose from and the prices are the lowest they have been in years. We have no way of telling what is to come in the near future. Prices could go up, but why wait and take that chance. Buying now is the way to go and could get you in that home you could never have gotten into 2 years ago.