How long are you going to be living here? It’s a good place, but buying now would be like catching a falling knife. I bought into a 3000 square foot house in 2002 for $715K and sold my portion of it later.
The peak was in 2005 or 2006 depending on who you ask and what neighborhood it was in.
Real estate cycles are 16 to 20 years and the trough will still be a few years away.
I would save the Euros since the dollar, and housing prices in the US, have further to fall.
