Am I in a good enough position to buy a condo?Hi!My name is Ryan and I have a few questions. I am 24 years old and have been saving to buy a condo in San Jose, California. I have a great job at a large high tech company in the area and get paid 75K a year with a whole lot of room for growth. I have 21K saved as of now and plan to have 50K by the end of next year. My credit score is 780 and I have zero debt. I question whether or not its a good idea for a few reasons. The average price of a decent condo in this area is 350K, if I put 3-5% down I have calculated my monthly payments to be somewhere in the area of $1,900-$2,200 a month (excluding insurance and other home owner fees). I take home $3,500 a month after taxes but feel that I will not have enough money to really enjoy myself : (. Is it the right time for me to buy? Should I wait until I am older (28-30) and just rent in the mean time? Are prices over-inflated and wait for a similar dip in housing prices as in 2008? Lots of questions I know hahaJune 04 2014 - North San Jose00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.