The short answer: the best time to buy is when you have a stable multi-year horizon, a payment you can carry with insurance and taxes in it, and a specific property whose numbers work. Trying to time the bottom usually costs more than it saves.
What actually decides it for you
Your time horizon (the longer, the more buying beats renting), the monthly payment with real insurance and taxes — not just principal and interest — and whether the specific home is insurable and priced right. A headline about rates or prices tells you nothing about your deal.
Where to get the real numbers
Read the latest market reports for where prices and days on market actually sit, and weigh rent vs. buy for your timeline. Then we run a specific property.