It's very hard to time any market, and particularly with a primary residence, most folks plan to stay in them for at least 3 years. It's entirely possible that

It's very hard to time any market, and particularly with a primary residence, most folks plan to stay in them for at least 3 years. It's entirely possible that you overpay today but if you make a smart purchase that you like, there's a pretty good chance your home value recovers in the long run. I think the bubble talk is slightly overstated due to the increase in remote workers. That demand isn't going anywhere soon, which means prices aren't likely to come down much. The Fed is really trying to price out AirBnb and institutional investors, which only account for a small percentage of the market anyway.