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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Who said anything about needing to be close in or in Arlington/McLean or in any sort of "most desirable" area?  DH works sorta near Tysons with an easy exit to 495.

If 1000 square feet is working well for us now, I believe we will need no more than 1200 square feet.  We would prefer a TH or a neat condo to a run-down SFH.   Not new, but maybe 15 years old or so.  The idea of old, moldy houses stresses me out. 
I'm not trying to buy now, I know that's out and makes no sense anyway.  I'm thinking/worried about being able to buy EVER.  Or at least within the next five years.  DH job is stable and we're pretty sure we will be here.
It just sucks SO MUCH because DH and I lived live poor students early in our marriage to save up a DP, all for naught.

Part of the problem is that there isn't a lot of what we're looking for - smaller, newer, maybe in Fairfax/Burke.  Most of the newer stuff being built is big and expensive.[/quote]

Right, because Tysons is cheap.  Fairfax and Burke will be out of your reach also, unless you are ok with a tiny condo.  Really, you don't have enough income to support a home purchase.  [/quote]

OP here.  I do not want to live anywhere near Tysons - yuck.  DH works kind of near to there but not actually in it and does not have to go through the worst part of it.  Considering he spent 3 hours a day commuting before this, I don't think a 45-50 min commute is that big of a deal.
1200 square feet will be enough for us for our forever home/condo/TH whatever.  
PPs are correct here mostly, we will wait and keep saving, and hope that the evil people who caused the real estate mess will get theirs. However, [b]I don't agree that a 70k income should necessarily preclude a family from owning a very modest home. [/b] Most of you already own homes and only want to see the value go up, up, up.  High home prices only benefit owners.  Wherever there are winners, there are losers.  We are paying rent - I disagree that this is throwing money away; we do need a place to live after all.  But aside from the issue of the down payment, the way most of you are putting it is that it more expensive to own than to rent a similar home, but then why on earth would anyone buy?

We will probably wait until DC2 enters kindergarten.  I just realized that's only 2.5 years away (a few months ago it seemed like forever away.)  We'll see what, if any, reasonable work opportunities come up for me.  I know that would raise our HHI - and our taxes.  Amazing, but there are families that only earn 70k with both parents working.... imagine that!

[/quote]

Your opinion on the issue is absolutely irrelevant.  I don't agree that most companies provide no paid maternity leave, but there's nothing I can do about it.  Same thing.  There is no way, no how that you can afford a remotely decent home (and you want "newish"!) on your HHI anywhere in the DC metro area, especially if you are hoping for decent schools.  I know you don't want to hear it, but you need to focus all of your energy on getting a job.  It may not help in the short term, but it will go a long way toward securing your family's financial future.  The longer you wait, the fewer opportunities you will have.  [/quote]

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