I would agree on the purchase with the following proviso… Don’t freak out if over the next 2 years homes around you take another big step down. Think about it like this… if you got a good deal now, odds are that you would be able to get just as good or perhaps even better deal over the next year or two… by how much? Not sure…. maybe 5%, maybe 15-25% I am just playing devils advocate. With all that said, if you are happy with the home, if you are not stretching yourself thin, if you like the schools, if you have no intentions on moving, if you can put blinders on and not stress as the market keeps running downhill…but most of all, if you love the home… then yeah if you can say yes to all of the above then go for it.
