Q: When's the right time to buy a home?
A: When you're ready!!
That's the truth of it.
There's so much noise and speculation regarding real estate all the time. Interest rates up? Buy. Interest rates down? Buy. The people that bought 10 years ago didn't time the market, they bought because they had a down payment and they wanted to buy a house. That's it. If they could time the market, they'd do it again and again and again and they would sell a fucking course on timing the market on YouTube.
Do you have a down payment?
Do you have closing costs?
Do you have lawyer fees?
Do you have fees for inspections?
Do you like the lay out?
The location?
The finishes?
Can you see yourself being happy in this home?
That's. What. Matters.