My husband and I currently own a townhome in a larger Midwest city. We love our location and the townhome works for us financially, geographically, and space-wise for now. However, in the 5 years since we bought, things have gone crazy. We know we eventually want a single family home. We are afraid of getting priced out in the future due to inflation, but also know the market is insane. I don’t want to give up something good because of Fear of missing out (fomo) but I also don’t want to look back in two years and regret not sizing up and building equity. I know no one has a market magic ball , but any advice you have would be appreciated.