Location, location, location!
I think we may have a tad bit of a surge in the real estate market but since there are so dang many buyers around, I say, BUY!
But, make sure its a home that has some upside to it.
What I mean is buy a home that has maybe some overgrowth weeds or needs some minor work so that with minimal effort and cash, you have a true gem. If you buy in a community with a good school district, this will help with your value stabilizing even if we retract 3-6% over the winter.
Don't sweat it!
Next year, with the economy recovering across the board, I say buying and selling will be even more active!
So, yes, BUY!
But don't buy to worry.
Buy to enjoy homeownership and because it fits your budget!