NOW is the Time To Buy!

On Tuesday morning, Case-Shiller reported that home prices increased by 1.2 percent between July 2011 and July 2012 in their 20-city index.
 

 
 David M. Blitzer, Chairman of the Index Committee at S&P Indices, on the numbers:
 
“The news on home prices in this report confirm recent good news about housing. Single family housing starts are well ahead of last year’s pace, existing home sales are up, the inventory of homes for sale is down and foreclosure activity is slowing. All in all, we are more optimistic about housing. Upbeat trends continue. For the third time in a row, all 20 cities and both Composites had monthly gains. Stronger housing numbers are a positive factor for other measures including consumer confidence..”

So, what does all of this mean? House prices are steadily going up, and NOW is the time to purchase your dream home.