House Market
Feeling slightly discouraged with the current market. Rates I heard went up. We have a decent down payment. My husband and I are able to support ourselves comfortably. We have been on the hunt since April but the goal post seems to be constantly moving. Trying to just squeeze in for a condo or townhouse before our rent goes up again. We were hoping for something in the 500ks for 2bd and 2bth. But everything thats great gets snatched up quick and others are clearly overpriced and need some work. Some are ridiculous and priced over 600k for a townhouse. We are approved for higher but who can or wants to afford a 5k mortgage? Does anyone have some good advice for pathway to home ownership? Should we just stop looking, bite the rent increase bullet and wait more?