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Have I made a terrible mistake?

Signed a contract with a builder (Lennar) in Erie, CO, to build us an awesome house in an awesome location, right before things hit the fan with Covid. Build completion and closing is for the end of October. So far, Wife and I are lucky enough to still be working. Doesn't look like that's going to change so far. However, I'm worried about the possibility of buying the house at peak price, prices tanking in the near future, then being underwater, all with the possibility of losing our jobs/income for the same reasons others have. Builder breaks ground May 4th. Should we figure out a way out of this contract? We've put 5k down and I think that's all we'd lose, but not sure. Having terrible anxiety about this.

submitted by /u/wordyoprettygood
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source https://www.reddit.com/r/RealEstate/comments/gagn21/have_i_made_a_terrible_mistake/

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