We are closing on our new house in a few weeks!!
If I'd known a few years ago what I know now, I would have had a house right out of college. Even if it wasn't my dream house, the equity I would have built by this time would have been worth it.
I agree with Soror Wonderful about getting with a lender and figuring out what you are eligible for. That makes the search realistic. Why waste time looking at $4 million mansions when you're approved for $100K? Also, you are never too young or old.
You have to think a lot about your situation too. If you know you aren't going to stay in the area, you have to think about the possible resale of this home. Is it in a desirable area? Will it take a long time to sale?
Don't buy on impulse either. Just because you love the first house you see, doesn't mean make an offer that day, unless you're in a really hot market. Shop around.
Hope that helps.
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