Today might be an ideal time to buy a home. Bill Basic has seen this time come around maybe three times in the past 25 years. The long time homebuilder and president of the SouthWest Suburban Homebuilders Association ticks off the key points:

* Interest rates are at historic lows.

* Mortgage money is available to qualified buyers.

* Rising rents are roughly equal to monthly mortgage payments.

* Prices are stable.

* Builders are holding off price increases even though their own costs are still rising.

* Many are offering incentives such as free upgrades on inventory homes they need to sell.

It is THE single biggest wish in the American dream of home ownership: the “buyer’s market.”

Full Story: Available on Search Chicago