When should I purchase my forever home?

When should I purchase my forever home? Hey guys, I am 26m, married, with a 6 month old baby. I bought a house a few years back in east TN and it fits my families needs at the moment (3bd, 1ba, 1000 sqft.) However, with a growing family my wife and I eventually would like to upgrade to a larger, nicer house in the next few years. We currently owe 175k (~1200/m) on our current home, an...

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