<prompt> Human: Good morning! My husband and I are currently debating whether we should purchase a home now or wait when the prices will go down. He is afraid of being stuck and having no other options if the house prices go down again, and I am afraid that if we wait, we will miss an opportunity to be able to buy a house for a very long time. Currently, we are renting and our rent is 1495 including water, sewage, and trash. We dont have CC debt, and our 2 car payments are 720 a month 360 each. TVinternetcable is 104.64. T-Mobile bill is 160. Gas and electricity varies, but on average is 30 and 70. Car insurance and rental insurance are 183. My husband makes just under 75,000, but every year he gets 2k-5k increase. I do not work, but in July I am going to start looking for a job. Right now we have 3k in savings, but, I am a surrogate and by mid-June, we will have 25k saved up. We were looking at houses, but they are at least 35 miles away from big cities, and both of us do not want to drive that. We found a condo 4 miles away from his work, and it is close to major cities, so I wont have to drive far away, and it is still in process of being built. It is one of the KB condos. It s 338,000k and 226 HOAs. Should we buy it? Or what is the best plan of actions for us? Thank you in advance. Edit: Forgot to mention, my husbands credit score is 776, and mine is 765. Also, my husband qualifies for VA loan. Edit2: Thank you every one! Lots of great advices, information, and suggestions. I should have mentioned that we live in SoCal and 187,000 house is not easy to find. We have decided to wait until I get a job and go from there. Also, our daughter was watching SpongeBob this morning, and SpongeBob told Sandy something like Thanks for not letting me by that condo. We decided to take that as a hint haha  <response>: You are getting in over your head. For one, you are planning to far ahead with future money. You cant really rely on raises in any job market and you dont know what your income will be. But mainly, you are looking at roughly 2400 with utilities and insurance included. My trash around 20 a month and watersewage fluctuates between 60-80 a month. 