Never Been A Better Time To Buy

In my opinion, it has never been a better time to buy. Interest rates are low, sales prices are low, there is a huge inventory of short sales and foreclosures, and unbelievable offers are being accepted by sellers. With all the financial crisis, it is my belief, that in the future once the correction is in sight creditors are going to increase interest rates to recoup all the losses that they now face. Which may very well bring us back to the early 80's when interest rates were around 17%. We are still going to be selling houses, but wouldn't you rather buy now knowing that interest rates and sales prices are low?