With 20% down, mortgage+property taxes vs rent seem to be approaching parity in many areas. Historically that has always been a good time to buy.
The immediate future though is very murky imo as government intervention and the employment picture oppose each other in quite a battle. Who will win is anybody’s guess- but I seem to be running into a lot of folk who are looking to buy in the next six months and looking for “bargains” in the lower price ranges. Perhaps a realtor could weigh in?
