The comments above buying into this sadden me. First of all, market timing only works by coincidence. And, real estate is unique as an investment because it is unique. It doesn’t become obsolete or out of style. Technological advances in design and construction are just a part of the process and for the most part are not actually important. My 100 year old house costs about $200/month more to heat, cool and illuminate as the equivalent 2022 model Big deal /s.
Interest rates are about all that matters. And, all the players today don’t give a crap about inflation so don’t expect any 12% mortgage rates to repeat the 1980 debacle. And, if you know anything about 2010 you know it was caused by liberal democrat insistence forcing banks to make bad loans.
A home isn't an investment. It's a home. Anyone who treats it the same way they'd look at other types of investments has no idea what the heck they're doing. In some cases, I'd say people who do this are morons.