<human>: How do I know when I'm ready to buy my first home?
<bot>: When you are ready to buy your first home, it's important to consider a few factors. First, assess your current financial situation and determine if you can afford the down payment, closing costs, and other associated expenses. Second, research local housing markets to get an idea of what homes in your area are selling for. Third, create a budget that allows you to save money while still being able to comfortably afford a home. Lastly, talk to a lender or real estate agent to find out more about the process of buying a home.