Too late!

Today on a whim some friends stopped by and they were talking about buying a house in the downtown area, so we pulled up the MLS to take a look and got carried away and started looking at all sorts of houses, and we saw one that was going for $160,000 in an okay neighborhood with 3 beds and 1 bath, so we took a drive with them to see the house they were looking at in person and so we decided to would do a drive by at the house we saw on the web but instead found a better house across the way. Since no one was living in this house we took a gander inside and was in great condition, but we had no idea how much they were asking. We asked Andrew's Dad to take a look on the realtor MLS site to see what this house was going for and it was only going for 149,500 but was in escrow... so needless to say we didn't even have an opportunity. We really weren't trying to look for houses it was just on a whim and it looks like now is just not the right time. We need to get finances better in order before we start looking. We will check back at the end of the year before we start looking again. We want to have a lot of money down before we buy and we don't just want to buy some cheap property because we can, we want to make sure that what we buy we can grow into with another baby somewhere in the future and upgrade to a nicer house in about 5 to 10 years depending on the market. Anyway, I am off to decorate my baby's birthday cake!