High expectations and market conditions can complicate home buying, but getting in the game early can lead to future equity growth. Saving for a down payment should be separate from your emergency fund, and understanding your budget is crucial—aim for housing costs to be no more than 25% of your take-home pay. Opting for a 15-year mortgage can accelerate debt repayment and save money in the long run, making it a smart choice for many buyers.
