Deciding when to buy a new home is a challenging decision and none more challenging than in the current market.
However, keep things in perspective. When the heck was the last time you saw the prime rate at 2.25%?
When was the last time you can remember that you could buy a brand new home for $150,000 USD?
Lord above, are you crazy? Homes while the majority of them are built from trees, they certainly don't grow on trees.
Do the math. Buy the home of your dreams now - before threats of a hyper-inflated market become a reality. If that happens you haven't got a snowball's chance in Death Valley in mid-summer of ever affording your dream home again.