I am a SAHM too and this is also why we are so price conscientious. I would never want to risk losing the equity we pulled out from the sale of our home last year as this is our safety net that gives us piece of mind in having only one income earner.
We will buy when we’re comfortable with the price…not trying to exactly time the market, just make a wise buying decision based on our circumstances.
That being said, if I had school aged children right now, I think it would be even harder to be renting and waiting on the sidelines. Moving around and trying to stay in the same school district would not be easy…so everyone’s personal situation is different.
I think most people here are in the same boat, just trying to get more insight on the current market conditions…and most are the type that have bought and sold and won’t hesitate to do again when the time is right for them.
