FOR Carlow resident Shauna Byrne, there has never been a better time to buy.
The 22-year-old has just purchased her first home with her boyfriend Darren, and the couple moved in two weeks ago.
Shauna, who works in Glendale Nursing Home, said that they decided to buy their new four-bedroom, semi-detached house as they believe it is "a good investment for (their) future".
She also said that renting had become unsustainable for them, because the market is shrouded by uncertainty.
"We had been renting for four years previous, and that also gave us the push to try and get the mortgage because we felt we were paying dead money, why not own one for the same price," Shauna explained.
"You can't foresee the future when renting, because you are unsure if a year down the road the landlord will choose to sell the property, or hike up your rent payments."
Shauna said that they began the purchasing process in June, and found their bank very helpful with the paperwork involved in obtaining their first mortgage.
Their dream home then became available for €125,000 in Tullow, Co Carlow, where they are both from.
"We weren't put off by the market at all. We saw it as a great opportunity and felt like we were getting a great deal as well.
"There are very limited properties for rent in Tullow, so it was the best option for us," the young woman said.
Shauna said that their new house was ideal for them as it is in a nice location and was on the market for a reasonable price, adding that they "might never get one again at the same price".
"The hardest part of the whole process was finding the perfect home and on a budget that suited our income."
And, the couple's pet dog also had a major influence in finding their perfect home as "a lot of landlords don't allow pets in their house".