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New Construction

Hi I'm looking to buy new construction in the boonies of San Diego. The developer is raising the price with the release of a lot every few weeks. They are doing interest rate buy downs by 2% for life of loan. With the increasing price I'm getting nervous and want to put deposit and sign contract. Any thoughts on why I should or should not move forward? I should mention I'm currently renting and lease end when the house would be ready. Also the new construction is towards top of my budget but really no other housing in the more populated area is in my price range. This is single family home and I'm not interested in condo or townhouse. Thanks for your advice.

submitted by /u/onion_n_wine
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source https://www.reddit.com/r/RealEstate/comments/ybb4ld/new_construction/
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