Take your pick; it’s a buyer’s market, period! That is to say if you can qualify for a loan now is the time to buy a house and, likewise, if you can’t qualify yet—then you should take advantage of the fact that many sellers are getting frustrated trying to sell their homes, so check and see how long a rental house you’re interested in renting has been on the market and if it was for sale previously to being for rent, which the majority are, and, if so, for how long. Obviously, the longer it was on the market the more willing the seller will be to rent it, at more reasonable terms. Also, if there is a home you wish to buy but can’t qualify for, check and see if the owner is willing to rent with an option to purchase when the lease is up, or as soon as you can get your loan.