Hi, If you are secure in you jobs, it makes total sense to purchase something. In this market, you can get much more house for the money than you could a few years ago. I always recommend to my clients that they do not purchase at the high end of their budget--you certainly don't want to be house poor. Your main consideration should be finding a location you love; with effort, any house can be turned into a "dream home", but the location can't be changed. I don't think it's necessary to find the cheapest house, but just one well with-in your budget that will allow you the extra cash flow to make it into exactly what you want!