Interest rates are still elevated. Prices haven't really come down. Insurance costs are through the roof — literally, because of all the hail and storm claims.
But rent keeps going up too. And at least with a mortgage I'm building equity instead of making my landlord rich.
First time buyer, household income around $110K combined. We can technically afford a $350K house but it would be tight. Is it worth stretching or should we keep renting and saving?
Actual homeowners: what do you wish you'd known before buying in Texas?
Don't let perfect be the enemy of good. I waited 2 years for prices to drop and they went up $40K instead. Timing the market is a myth. Buy when you can afford to.