Is this a good time to buy?I will be on National TV on Saturday trying to address this question. My thoughts are that although prices are still falling due to distressed home sales that are now at a record 40 percent of all sales, once the foreclosure inventory has worked its way through the market we won't have much more supply since new homes have been at record low levels for years. The economy is picking up and many have been saving for years as well. With homes now more affordable than they have been for over 40 years and rents are rising and in some areas the costs to rent are more expensive than a mortgage, I think blue skies are not far behind these clouds. What are your thoughts? Connie De Groot[link removed by moderator]April 27 2011 - Los Angeles00YesReport 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.