Does anyone else think now is a good time to buy property?

Historically, propertry values rise and fall in cycles. With interest rates this low, and the glut of abandoned properties on the market, my hubs and I have snatched up some good ones. The recovery on them will be slighly delayed as employment is coming back slowly. Because the bulk of our stocks are pharmaceuticals, we lost next to nothing in the crash and have the capital to invest. If you are buying property with the expectation of flipping it for profit, then this is not the time. But if you can afford to sit on it you will be rewarded.