Is this a good time to buy a home?

I have gotten this question many times recently and always answer with that it depends on your personal situation. Real estate runs in cycles and we are currently in the low end of the cycle where buyers have the advantage over sellers. Many buyers right now seem to be sitting on the fence waiting for the market to bottom out to get the best possible deal on a home. The only problem here is that the only way you know when the cycle hits bottom is when it is already on the way back up. Ask your agent or give me a call if you have any other questions. Everyone's answers to the above question depends on the current family and financial situations and a good Realtor can help guide the way to that answer.