Everybody has a different need/reason for wanting to buy.
If it’s only because you are worried about the market bouncing, I don’t think that you have anything to worry about.

The ball has no air in it and is completely flat. The air compressor is broken and it should be years before that ball can bounce again.

Temec-Murrieta is headed for a major correction.
Things are going VERY well for you. Prices are cheaper than they were 2 years ago, but they aren’t as cheap as they are going to get.

Get your credit score as high as you can and keep saving for a larger down payment.

BTW, I remember Temecula/Rancho California in the 1960’s. A haircut in Old Town at Bob’s was $5.50 years ago, and it’s $5.50 today.
(It’s only $5 for seniors) He’s been in the same spot for over 40 years, right behind the Swing Inn on Front Street.