Time to start shopping for a home purchase

April 25, 2012:  "For people who have been waiting to time their home purchase close to market bottom, it's time to start shopping. When the bottom will hit will vary by market, and it's nearly impossible to time a purchase exactly right. But home prices are not the only part of the equation. Buyers also should take into account the possibility that rising mortgage rates could offset any further home value declines that may occur."

Zillow Chief Economist, Dr. Stan Humphries