One spouse recently completed some grad work and the extra credentials should lead to a pay bump in January 2022. This will probably enable us to increase our home budget by 50-75k. Do you think it’s worth waiting or will price increases and/or interest rate rises offset the extra money?
Or…best case scenario we wait and prices stagnate a bit and we can buy a better home.
We don’t want to spend money we don’t have and max out our loan amount now because we are both seasoned enough to know the money isn’t yours until you actually get the raise/promotion/bonus etc