I have spoken to a lot of people who would like to purchase a new home, or perhaps be home owners for the first time.  However, they are concerned about whether or not this is the right time to buy.  Interest rates have creeped up, and  in many cases home prices remain high.  So many buyers are deciding to wait until the home prices come down or interest rates drop.  One of the big issues  is knowing exactly how long to wait.  A buyer that is waiting for the perfect circumstances may be waiting for a long time.

Let's take a little different approach for a few moments though; let me ask a few questions:

1.) Why do you want/need to buy right now?  What is the goal?

Is your family expanding?  Are you tired of renting? Are you looking to downsize to one floor living?  Do you need or want to be closer to work?  

Just for a moment forget about the interest rates or market value of home prices, and think about why you want to move into a new home.