Home prices will continue to appreciate, and are still below the highs of 2004. Interest rates will probably go to 5% and higher in 2015.
When you look at what that does to a mortgage payment, and affordability, it makes sense to buy sooner than later.
Rental rates continue to climb nationally, and in Orange County. Locally rental rates are high enough that purchasing a home may be much less expensive.
I would appreciate your opinion.