Last year, me, my husband and 2 kids moved to Florida. We decided to rent when we came here. We are currently renting a beautiful 3 bedroom apartment. I love it here - the grounds are kept gorgeous, they have 3 pools, a playground, etc.. Our lease is expiring next month. I want to re-sign our lease here. My husband wants to buy a condo. At this time we only can afford a 2 bedroom condo. I don't like the idea of my kids having to share a room (we have a 6 year daughter and 2 1/2 year old son).
My hope is that the market will continue to be steady and not increase dramatically as it has in the past and maybe next year be in a position to buy a 3 bedroom. My husband thinks we should buy the 2 bedroom and hope it will increase in re-sale value, sell in a few years and then try to buy a 3 bedroom.
Any thoughts or suggestions? We want to stay in the area we currently are (Boca Raton, Florida). Thank you.