Is It Time To Buy?

If you're sitting on the fence about the direction of the housing market, consider this from John Girouard writing in Forbes last week:

"Trying to time the housing bottom is as much folly as trying to time stocks or any other investment vehicle. In fact, it’s greater folly because if housing prices do fall further, it’s likely to be because mortgage rates are rising, which would mean that over the long term that slightly lower price you may have paid could end up costing more in carrying costs than you saved.”