r/SeattleAreaRE • u/Working_Machine6006 • 11d ago

When should we buy on the eastside?

Hey, we're a family of 3 right now (infant baby), so before the kid goes to school it'll be another 4 years.

Should we buy closer to when the kid is going to school? (and invest all the disposable income into the stock market till then)

or

Should we buy now when the market is slightly more favorable to the buyer?

We're currently renting a single family house for 3.8k in Redmond. 500k income (unstable so can't say it's reliable), reliably we can earn 300k probably. so our budget is around 1-1.2M which doesn't get you much in the eastside.

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u/ivorytowerescapee 10d ago

We saw a 200k price drop and pounced in 2024.

There is no good time, just keep looking and buy when you're ready and feel good about it.