Is anybody else holding off on buying a home right now too?

Between the tariffs and the layoffs in our government and the broader economy ... Now today the Fed announced a massive expectation of NEGATIVE GDP growth for this quarter...the fact that we are in a recession is a secret no longer.

I am relatively stable and have been wanting to buy a home but admittedly I would be stretching my budget to make the purchase and really don't feel good about it given the economic indicators as of late.

More houses keep coming on the market daily at a much faster pace and part of me feels like this is falling knife territory. Am I just being too cautious?

Thoughts?