Now that my lease is almost up I would like to start looking for a house. That has been my intention from the beginning, but I was on too tight of a schedule, and too inexperience and uninformed, when I moved here to be picky. Over the past ten months I've come to appreciate the relative seclusion that a house gives to things like TV sounds through a wall or footsteps above.
I'm a little hesitant to buy for several reasons. The first being the state of the home market right now, especially in Las Vegas. I hear rumors that it's threatening to drop out at any moment, and that a lot of people are asking for way more than their house is currently worth. Another is that my lack of credit and young age will count against me. The only thing I have going for me financially is "10+ months at current job", which doesn't seem very impressive. On the other hand it's possible I could find a foreclosure place, like my boss just recently did, for cheaper than I would otherwise. Keyword there is 'cheaper', though, as that could also imply a place that needs some (or a lot of!) work.
It's possible that I could rent a house for about the same amount I'm paying now, but that would depend heavily on location. I want to stay within 5 to 10 driving miles of work (~15 to 20 minutes maximum, with traffic), as I already have trouble getting to work in time at 8am by getting up at 6:30am. Another problem is that the majority of the ads I've seen so far are 'no pets', but I really want a pet now (more on that later). Renting a house that doesn't allow pets is not going to be an option as far as I'm concerned.
At the same time, though, I realize that a 3/2 anything is much larger than what I need. Since I moved in I've only had a use for the two extra bedrooms once, for one week. Beyond that they have sat empty (minus one with a couch in it). I'll take a 2/1 or 2/2 (master bathroom) just as easily. Not like anyone wants to move in with me anyway. Erm, I mean, no offense, but I seem to be the only one around here insane enough to not mind living in Las Vegas and not being too attached to somewhere else already. I think. ah, whatever.
So where does that leave me? About a month to figure out what I can do financially and then find some place to suit. Any advice?