<prompt> Human: As title says Im going to be graduating from college very soon. I have a dream job back in the city I grew up in, Seattle. Im sure I want to stay in the Seattle area long term. I was originally planning on renting initially, but my parents both strongly think that I should buy a house ASAP since the price of Seattle houses is increasing rapidly. They are worried if I wait a few years I will not be able to afford a house in the city.Financially, I have no debts but also have very little saved, about 10k. My new job pays a base salary of 125,000 with other possible bonuses and incentives.Given my situation is buying a house in the near future with a very small down payment a good idea?  <response>: 10k is not a down-payment on a 500k house. Apparently the average house price in Seattle, according to my 10 seconds of googling.That likely wont even cover the taxes associated with home-buying.nbsp;Live with your parents for a few years, save up a 100k down payment, and then start house shopping. 