Take home tip: "Plan for the house you can afford now, not later!"
Knowing when you're ready, the first step of the home buying process - is something I always push to every buyer.
If buyers bought when "they" were ready instead of when the media - or agents - say they should, we wouldn't have had a housing meltdown in the first place. Rates will rise or fall, but ultimately you should feel comfortable financially before buying your home. It's a commitment!
We love this video by realtor.com that details a few common questions to ask yourself before deciding whether or not you're ready to buy. It's fun, but still asks the right questions. Just watch and let me know what you think!