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Updated almost 3 years ago,
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hi there Newbie here,
I'm looking to purchase my first home and very unsure of how to interpret the resulting numbers generated from the calculator tool. I'm currently residing in CA and have been back and forth on deciding whether to purchase in my local area for the past 3 years. SFHs are just way overpriced and continue to reach new peaks. A few local realtors in my area currently have advised me, that this time is not good to buy due to the current market. I've taken their advice but then I have a few friends that share with me their recent purchases locally and I immediately question, if I'm doing the right thing by waiting. I experience frequent episodes of FOMO. I'll review a few of listings threw Zillow and immediately get discouraged when reviewing the prices. Although my discouragement doesn't stop me from reviewing listings, I'm still highly doubtful I will find a deal. Looking to seek some advice on whether I should continue to pursue purchasing locally or maybe seek SFHs in another area out of state. Also, asking for some help in interpreting the numbers again from the calculator tool.