Is now a good time to buy a home?No one knows for sure where or when the market bottom is or when interest rates will increase. Multibillionare John Paulson in Forbes Magazine said:As this is the best time in 50 years to buy homes, Paulson advised his listeners, crowded into 3 separate dining rooms, to issue 30 year mortgages to buy a home as "your debt and interest payments get locked in at record lows, while the price of your home will rise." "If you don't own a home buy one," Paulson recommended; " if you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home."click here for the complete articleDecember 01 2010 - Cincinnati00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.