Is It “A Time To Buy?”

J.P.Morgan seems to think so (national focus): http://www.jpmorgan.com/cm/BlobServer/marketinsights_housing.pdf?blobcol=urldata&blobtable;=MungoBlobs&blobkey;=id&blobwhere;=1158658412427&blobheader;=application%2Fpdf
And the Seattle Times seems to think so (local focus): http://seattletimes.nwsource.com/html/businesstechnology/2016739766_affordability11.html
SeattleBubble is a bit more even (local focus), essentially stating that the Seattle Times is correct if one is a “monthly-payment buyer” and has no short or medium term plans to move: http://seattlebubble.com/blog/2011/11/11/affordability-hits-record-high-on-low-rates-price-drops/

What do you think? If you are interested (those few of you who know this blog exists!) please comment. I agree that the best time to buy is unique to each individual or family. But, since research doesn’t work that way, this research is worth considering. Your thoughts?