As we watch prices continue to fall, is this a good time to buy a home? Probably. Contrarians know that when everyone says no, yes is usually the right answer. Here are two more concrete reasons to buy now.

1. Interest rates are very low. There are 4.5% 30-year loans out there (2009), making many homes the cheapest they nave been in many years if you look at the monthy payments.

2. Homes are on sale. Most areas have seen 20% to even 40% declines in prices. They can go lower, but you’re still probably better off in the long run paying more now and getting that 5% interest rate than waiting to pay $10,000 less but paying $20,000 more in interest because of higher rates.