I don’t think it is a terrible time to buy if it is a place you really like.
That said, if you are 29 and single, I would not be in a hurry to buy something. I don’t think prices will drop as dramatically as many here say, but I do feel strongly that they won’t go up. So, if you are single, 29, and chances are prices won’t go up, I would wait.
If you buy now, you want to avoid situations which would lead to selling too early. New job, relationships, etc.
