Reports are piling up stating that housing in the worst places is getting better; one of the largest private builders in Florida - ICI Homes - has just had the best April since 2006.
And why not? Prices have come down gigantically. Mortgages are the cheapest in our lifetimes. There's a new tax credit for first-time homebuyers. You combine all of these and you get two things: 1) It is dramatically cheaper to buy than to rent -- by as much as $4,000 a month, and 2) You have to be an idiot not to think about buying a property right now.