Of course you’d be less happy, I would be too. Did you say you think we might be at the peak of a mini bubble? If you do believe that, then why don’t you think this house could drop another 20%? What make this house so special? Did you think price in NCC still is wacky last August? I’m not trying to give you grief about buying, I’m just regurgitating what you say back to you. Maybe you were less emotionally involved back then, which mean you were thinking more like yourself back then. As someone who’s standing on the outside, I don’t think the market gotten less wacky, if anything, it gotten more wacky.
Because of this wackiness and you’re buying with a HUGE down payment, wouldn’t it be wise to wait it out, if it does drop 20% and you’d have 1 extra year to save, you might be able to pay for the house in cash. Wouldn’t you get the best deal w/ an all cash offer?
BTW, you don’t give people grief about their long-termedness, you give me grief when I talk about my my long term plans. Just like to point out the difference. I won’t return the grief back to you, since I don’t know you or your plans, I would have to take your word for it.