Sir, I am 28 years old. Some of my friends who rent say that there is no such thing as a buyer's market, that it is not a good time to buy a house, and that I should give up. Please tell me the truth, is it a good time to buy a house? Virginia

Virginia, your friends who rent are wrong. In this country of ours, for decades it has been an adult's dream, called The American Dream, to own one's own home. Recent technology has made available plenty of information, analysis, and advice.

However, one critical component of success and happiness that should come from inside of us, and nowhere else, certainly not the Internet, is emotion. Emotion inspires, emotion drives, and emotion sustains. As long as emotion is governed by rational thinking and judgment, emotion is jet fuel for goals and ambitions. So it is OK to dream.

Yes, Virginia, there is a buyer's market. It exists no matter what the interest rates are, and no matter what the definition is for a seller's market and a buyer's market.

A buyer's market is often defined as when the supply of houses is six months or more, meaning it would take that long to sell them all. In Pulaski County,........

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