With the Tax Incentive for First-Time Buyers, Is Now the Time to Buy?

Deciding if it's the right time to rent or buy a home can complicated, but the government's tax incentive for first-time homebuyers might mean now's the time.

A home is probably the most expensive purchase you'll ever make in your life, and while there are always more rental units available, finding a home to buy can be more difficult and requires a bit more commitment.

Here are some tips from the Wall Street Journal that will help you decide if jumping out of renting and into the housing market is a good move for you. And if you're living in a rental home, the home of your dreams could already be under your feet and worthy of making an offer on.