Is Now a Good Time to Buy?

In an article entitled Great Time to Buy (Famous Last Words), last Sunday’s New York Times took a swipe at perennially optimistic real estate agents who have never seen a time that wasn’t a good time to buy a house.  Fair enough.  Self-interest and magical thinking are not limited to the real estate profession.

For the record, I’ve never suggested to anyone that buying a home is a good “investment.”  You can do much better in the stock market and probably even in bonds. ...  Additional Details