I'd say to wait.
Pay off your student loans completely before getting into a mortgage.
I think we're headed for a recession. Housing prices are incredibly inflated (especially here in California), tons of ARMs resetting, forclosures way up,
mortgage lenders going out of business, etc.
I make over 100K and I'm having a hard time justifying the price/sq.ft. that I'm seeing out here.
A majority of L.A. County residents are priced out of the market and the people who want to sell are finding it difficult to do so not to mention trying to upgrade.
It's been 10 years of housing prices going straight up. That is unsustainable.
And now, something has got to give.
