By Ralph DiBugnara, President and Founder of Home Qualified, a web series and digital resource for homeowners, buyers and sellers that addresses contemporary trends within the current real estate landscape.

The real estate landscape is facing conditions that are making first-time home buyers, especially those that are currently renting, question whether or not it is the right time to buy a home. With interest rates increasing this year, in addition to inflation and mortgage rate concerns, most would think that it is not an ideal time to buy a home. Although these concerns are valid, the truth is that it remains a good time to buy a home and save on housing costs in the long term.