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Hello,

We are currently renting in a town west of Boston. We are pretty secure with our finances, and would really like to buy a property in the area. However, as first time buyers we have a few concerns and reservations.

-Is the 3x gross income still a good rule to go by?

-It really seems like the houses here are overvalued. How concerned should we be about a potential housing bubble? Should we wait it out?

-What are the alternatives?

-What time of year is a good time to buy?

Thank you! Looking forward to some helpful advice.



Submitted May 24, 2017 at 10:21AM by renboston http://ift.tt/2rzNzRt

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