Given your current situation, you could get a loan to buy a home in those areas and that price range right now with 20% down and still have $$ left – I’m sure you know that.
And you’ve done your homework pretty thoroughly – my sentence above isn’t telling you anything new.
The basic question then is should you buy now or wait 2 years? I don’t think any of us can answer that – it really depends on what you’re comfortable with and what you think is going to happen in San Diego real estate in the next 24 months.
None of us have a crystal ball. Ye make ye bets and ye takes ye chances.
And in your shoes there is no way in hell I would buy a 2/2 condo. SFR all the way baby.
