We’d been planning for years to buy a vacation home in summer 2020. With the uncertainty associated with the pandemic, we decided to push is off another year. Then again in spring 2021 we decided to hold off on buying anything because prices were so high, and clearly they could not get any higher /s. We finally decided that this truly was the right time for our family to have a vacation home and did not want to wait much longer before my daughter got older. So I looked in the fall and ignored so many perfectly good affordable good homes looking for the “perfect” home. After getting outbid on so many perfect homes, homes I could have afforded last fall are now out of my price range.
Either I lower my standards and buy something now, but given Murphy’s Law and my track record, I’m sure that prices will immediately start falling. Or if I decide to put the search on hold, prices will continue to climb and a decent home will be unattainable.
Damned if you do, damned if you don’t. But I have learned that I have the worst instincts though this process!
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source https://www.reddit.com/r/RealEstate/comments/t16otx/vent_do_any_other_homebuyers_feel_like_idiots/
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