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First time home buyer advice

Posted

First time buyer here, looking for advice.

Like most first time buyers currently, I’m heavily questioning buying if now is the right time to buy. 

I am 29, single, employed, have ample savings, a full VA loan, and am pre approved for 550k, and looking within an hour of the dc metro area, ideally Harford county MD due to the good schools and military bases near by.

I personally hear from tons of people who think the market will come down, due to the struggling middle class and the fact that it will get worse. I agree with that. 

However.. My concern.. if these big corporations are buying up a majority of houses, assuming there’s no legislation in place to stop them from doing so or sell them off, now IS the time to buy before they take everything from us over time.. it DOES seem like now or never.

Regardless of recession and lay offs in the future, these big corporations will just buy more, they’ll never run out of money. and we will all have NOTHING.

Anyone else agree/disagree?

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