Should You Buy a New Home Right Now?

I just recently purchased my first home, so I’m intimately familiar with the stresses of making a mortgage payment. And it appears to be for good reason. Check out this chart I just found….

More than 40% of homeowners asked for help with their debt last year! That’s pretty scary!

And it definitely leaves me wondering…. Is this really a good time for people to be buying new homes? It’s obviously too late for me to rethink this decision, but I’m curious what the rest of you think. Is this a good time to be buying a home? Or is it simply too much risk right now?

Are you suffering from too much debt?