I was recently asked by a member of the media: When is it a good time to buy a house? This is what I told them:
Buying a home is usually the largest purchase one makes in their lifetime. Fear will exist, no matter what. If you have an opportunity to buy something, then GRAB IT! Kicking the can down the road will only increase your worry and angst.
Most people who have been looking for homes for several months can tell you that they “regret not buying one of the homes they had been shown earlier in the process.” In life, there will always be something “bigger” and “nicer.” If you can make something work now and it checks the important boxes, go for it.