You can afford $20,000 more house today

Time to buy?

Diana Olick reported on CNBC yesterday that today's home buyers can afford $20,000 more home today than this time last year. Thanks to lower mortgage rates, price drops, etc, the deals in real estate are better than ever.

Of course, have we really bottomed? Then again, will rates eventually go up?

The real estate market is still a crap shoot.