Found a nice house, top of our price range, but requires us to move from our low priced starter home. The economy seems like a mess and economics was never my forte. Is it a bad decision to try to move up given current trends?
Found a nice house, top of our price range, but requires us to move from our low priced starter home. The economy seems like a mess and economics was never my forte. Is it a bad decision to try to move up given current trends?
The issue isn’t the timing, it’s that your buying at the top of your price range, and therefore overspending.
Most Americans own too much house, and too much car. There is no reason a 2 person household needs a 3000+ sq ft home… and 2-3 60K cars… and yet that’s incredibly common.
BUY LESS. Be more financially secure!