Despite the current state of our nation’s economy, real estate remains the best long-term investment for your money. And with record lows in mortgage rates—the lowest in 30 years—and historically low home prices, there’s no better time to buy than right now.

According to Economist Robert J. Shiller, who has researched and outlined American housing prices from 1890 to the present, the real estate market is cyclical; for example, today’s median home value is nearly 21% less than that of the last 15 years and is more comparable to average price from the 1980s to 2000.

But, the June edition of the Wall Street Journal revealed that home prices are expected to rise in 2013 due to distressed sales and the looming housing shortage. So, prices and rates change over time, meaning you must look at the big picture to make the best decisions for your financial future.

Click here for more on the current real estate market and see “Why Real Estate is Still America’s Best Investment.”