In the last few months I have heard variations on this statement in various forms and guises. Truth be told ever since I've been in this business I've noticed the same trend. Everyone seems to want about $50-$100k more than they can possibly afford.
Right now we've got a renting bubble. At this point it is almost as irrational as the housing bubble of 2005. Just as scarfing up McMansions with no money down loans was irrational - now many potential buyers are obsessed with renting
There is a lot of hype circulating in the real estate industry about local experts. We all start out as chaff - and chaff has no opportunity to become wheat if they aren't given a chance. That appears to be a bit too convenient for the very local agents in any area. Because it implies that they are the only game in town...
his is an issue that I have wrestled with as we are always encouraged to "touch" clients and prospective clients 33 times a year. One of my problems I have with this notion is that I don't want to be touched that much by anyone except the closest of friends and family.
Waiting to buy a home could be an expensive mistake....I understand the hesitancy - however, for those who have a stable job and a stable income with good credit, I have to think that a little green monster called greed is entering the picture.