Buy now or save for big downpayment?

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Q: I would like to buy a home right now. This seems like a really basic question, but I’m not sure whether it’s better to wait and save the 20 percent down or to just buy with the minimum 3.5 percent downpayment? I feel like if I save the 20 percent downpayment, it won’t be a buyer’s market by the time I have the money.

A: The decision as to when to buy (or sell, for that matter) to best take advantage of market dynamics faces every real estate consumer.

I generally advise buyers and sellers to make their real estate moves at the time that makes the most sense for their lives, rather than trying to time the market at all.