We all agree that without knowing more about you, there is no correct answer we can give.
However, strictly from a real estate perspective, prices in Phoenix are increasing, and mortgage rates are at historic lows, so it makes sense to buy now.
If you want to buy, you can buy with a forward (Conventional, FHA, VA) mortgage, or, in some circumstances, you can buy with a reverse mortgage and never make a mortgage payment. This is not well-known and I will gladly provide you with more information.
I am an SRES (Seniors Real Estate Specialist)and a relocation specialist, and would be happy to speak with you directly about your needs and wants. Feel free to email or phone me at your convenience, and check out my website at the link below.
Ann Griffin, Realtor, ABR, SRES, E-PRO
Coldwell Banker Trails and Paths