I'm thinking the market probably rises this week, as the volume really spiked with the down action last week. Also, the VIX moved from 16 to 28, which was like +250% relative to the market dropping.. usually when there is that difference, the market rises thereafter.
A lot of it really depends on personal situation.
How likely is it you will stay in the same place for the next five years? (How secure is your job? How easy would it be to find a replacement job in the same area should your job vanish?)
Can you afford it? Not just afford the down payment and monthly payments (loan, insurance, taxes), but afford to sock away a little each month for a slush fund for when you need a new roof, a new exterior paint job, etc.
If you can afford it (really afford it, not stretch to afford it if all goes well) and have the stability to live there for at least five years, it's pretty low-risk. Yes, you might lose something on paper if there is a price correction. So what? (And basically, you have to accept that consequence might happen. Comes with the territory when investing in real estate.)
Most likely, I don't know if they have been able to drop the requirement with newer models. You can run regular gas, but it goes into a reduced power mode if it detects the lower gas. As it is, since I don't drive a ton, I can tell a difference between a fresh tank of gas and a 2-3 week old tank of gas right before I fill up.
The stock 2.5L motor puts out 170HP, the turbo 2.0L motor in the XT puts out 250HP, that's quite the jump in HP in a motor that is .5L smaller. The requirement for premium gas makes sense when you look at it that way.
And we finally got there. It’s all high clouds in that shot. Any dregs clinging to the beach should be gone in a few more minutes. My backyard reading reports 71F.
Soon the sun will be south of the house next door by 3pm.
Another element to this is that there is a lot of pent up energy tied up in the low rates. My wife and I would love to move, but no way in hell we are giving up our 3.25% rate for 6-7%. I think there are a LOT of people in the same boat, and once we get rates back down to a more manageable level, the market will get really hot again.