Never have home prices been so low and mortgage rates. It is a great time to buy !!
Your agent should have your best interests in mind...even if that means you keep renting or spend less than your loan approval amount. At the end of the day, YOU have to live with the decision, not your agent.
There are many positive reasons to buy right now...even with the uncertain future and some options in case you have to move. You can always rent out the house if you end up having to change locations. The tax deduction and instant equity that is to be had in this current market does make it an attractive choice.
BUT..do what is right for YOU!
Amy Mullen, Realtor CPA
Re/Max Professional Associates