Even though some home prices are averaging their lowest levels since 2002, now is a great time for buyers (or even sellers) to take advantage of the market!  If one already owns a home and chooses to sell, they can "buy up" from their current price range and afford more "bang for their buck:" combined with the depressed home values, are depressed interest rates, which just adds to a buyers purchasing power.  If you are a buyer, there are still some great loan programs out there to assist you with little to no downpayment and you will probably find that your new mortgage payment is equal to, if not less, than what you could expect to pay in rent!  In fact, there are many low to zero down payment options offered by Platinum Mortgage Group available to today's Buyers and several ways to assist Sellers into their new home as well.  Any way you cut it, there is a silver lining!