Ask the expert:

Is the market right for buying a home?
What do you think?

I think that if your job is secure, and you want and need a better home, you should make your move now. Next year, or even later this year, home prices will rise again and interest rates could go up as well.
In spite of fluctuations in the stock market, consumers had high confidence at the end of 2015, the last time for which figures are available. Economists estimate the confidence measure rebounded to 93.6 in December as gasoline prices kept falling and employment showed growth.
In spite of ups and downs in 2015, the confidence index's average was the highest since the recovery began.
Consumers just like you continued to buy homes. It was the second bright spot in the economy with sales, housing starts and prices all trending together. The Standard & Poor's/Case Shiller Home Price Index rose just from 5 percent to 6 percent, mainly because of the limited supply of housing.
If you're looking for a greater selection of homes to choose from, more homes should be available right now and as the year progresses. More sellers will put their homes on the market as prices continue to rise somewhat.
Consumers who can afford the home they want probably won't have a difficult time with financing.
The big reductions in financing last November were the result of problems caused by new mortgage rules. And a dwindling supply of residences on the market pushed down sales to a level not seen since April of 2014.
In fact, the National Association of Realtors said the double-digit decline in new mortgages last year was the sharpest since 2010.
These conditions are in the past and shouldn't interfere with financing.
Most definitely, if the time is right for you, buy now.