Buy Now, Buy Later: Does it really matter in the long-term?I've been lurking for a while, debating whether to buy my first house this April in NE Pa. It seems to me that the perceived "value" of one's house doesn't matter at all while they are living there. It only becomes an issue if and when they are forced to sell. Of course, I would not even consider buying if I thought there was any chance of having to move anytime soon. I plan to never move again. However, it seems that putting money into a house is a gamble at any time, since there is no way to predict the future. Stuff happens. Still, I do find myself wondering what might have been if we bought a house when we got married in 2001, which we debated. I feel like I'm "behind" when I could be "ahead", and I don't want to feel this way in another 10 years. (I know another year or two of waiting won't hurt me either.) If I bought now for 182K @ 5%, I estimate I would have payments of $940/m + 80 PMI + 50 Insur + 241 Taxes. This is only $97 more than I pay for rent and insurance. (I would budget an additional 100 for water/sewer/trash & 50 for maintenance.) If prices dropped 11% next year, the same house would be $162K, but if interest rates went up to 6.5%, I would be paying $1024/m. Does that analysis seem accurate?December 14 2009 - US00YesReport 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.