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[quote=Anonymous][quote=Anonymous]OP here -- I like the houses that have come on the market, but haven't bid on anything yet.  I'm curious on your thoughts... I could put 10% down on a 425k property in Calvert Hills/UP now or wait until I have 20% which would be another 18-24 months.  Single income and make 125k with the only recurring expense being a $375 car payment.  What would you do?[/quote]

First, you just need to run the numbers and see how much room your monthly budget allows (don't forget local taxes, they're pretty high!). Obviously, 20% down is always better but you need to balance that out with your current situation and needs, and your speculation of future prices in these neighborhoods. You also need to think about the stability of the sole income and other possible future expenses (e.g., daycare, private school).

About future prices, it's hard to imagine that prices will sky rocket quickly. Its pace will depend on, aside from the overall DC area housing market, the success of all the on-going development in College Park, Riverdale Park, etc.

By the way, have you looked at this house? https://www.redfin.com/MD/University-Park/4016-Beechwood-Rd-20782/home/11034395 It's hard to know its condition without many pictures online (which isn't the best sign), but it's been on the market for awhile and already had one price reduction. Maybe the sellers would accept a much lower price?[/quote]

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