As we enter into 2012, the economy is slowly gaining steam and an election year is upon us. As for real estate, it remains a great time to buy! With housing prices reduced down to early 2000 levels and interest rates at record lows, my recommendation is to jump in and buy. For first time homebuyers, I do advise that you consider real estate only if you have sufficient income/employment, have ample savings and stick to an affordable housing payment (principal, interest, taxes and insurance) of no more than 30% of your monthly gross. You may also want to consider a property with some income potential, which a few of my clients are now considering. Call me and let’s talk real estate.