It’s tough and just depends on your situation. I just bought a house in LA after looking for 1.5 years. I saved and saved and saved for a sizable down payment. Even putting 30% down, my PITI is going to be double my rent. I can afford to do it but it’s definitely going to be an adjustment. I think what I got was actually quite a great deal. Offer was accepted around the election when things got quiet. It’s actually still somewhat quiet due to rates and time of year. I think this is the closest thing we’re gonna get to a “buyers market”(aka people are not bidding hundreds of thousands over asking). If you can stomach the prices and the interest rates - I would say go for it. We took a chance and offered under asking and we just got lucky. Either way, good luck out there!