For the Brave, the Moment Is Now

New York Times reporter Josh Barbanel wrote a great article in today's paper about first time homebuyers taking advantage of low prices and low interest rates.

I have been seeing this here in Philadelphia for the past couple of months and believe it is the first step to the revitalization of the real estate market. These first time homebuyers will clean out the inventory that has been on the market for awhile now and make it possible for buyers of more expensive residences to buy.