Housing affordability is the best it has been in decades. Nationwide, average home prices are approximately 1/3 lower today than at their peak in 2006. The cost to buy is very often less than the cost to rent a comparable property. In fact, buying is cheaper than renting in 98 our of 100 major markets throughout the United States. Interest rates are at an historic low, and today’s low rates can be locked in for the next 30 years. The general economy appears to be improving, with employment increasing, median wages rising, and little indication of possible inflation. Overall, conditions indicate today may be the perfect time to buy a home!