Historically low interest rates combined with incredible deals on real estate have created the perfect time to buy a home.

“If you don’t own a home, buy one. If you own one home, buy another one. And if you own two homes, buy a third and lend your relatives the money to buy one.” -John Paulson

Check out this video from CNBC.com about the current real estate market and why renters should seriously consider homeownership.