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Depends on how much you’d have left after buying and the down payment. Could you still afford the house if you had no money coming in for 6-12 months?
This
Wait until home prices go down. 6-9 months and you’ll be paying way less
What’s the rush? Seems really risky to me as this is all uncharted territory for the housing and job market. Rug could be pulled at a moments notice for anyone and you don’t want to be any more leveraged than absolutely necessary in my opinion.
In my job but you just never know. We’re looking to buy in the July/August time frame. Is still smart or should we wait out this time?
I’m also considering this
Save as much cash as you can and wait a bit for this to start to flow through the housing market. Lending will get tighter so cash will be king and deals will be more prevalent. No one knows how big the correction will be, but some cascading impact is certain
But rates are good now and the prices of houses in some areas went down 🤷🏻♀️
Probably depends on the market. An area with low inventory probably won’t see much of a price decrease.