February 22, 2012

Buying a house during a recession

  Cover of Buying a Home (Essential Finance) The recession has caused many people to rethink their finances and to second guess their major purchases especially when it comes to buying a home. The housing market seems to be in a downward spiral and even those needing a home would rather sit tight than jump into the murkey waters of home ownership. The #1 Reason to buy in a recession: Great deals on new or used homes. It is a buyers market. Right now it is not uncommon for homes to sit for months at a time with no hope of qualified buyers in sight. Home sellers want to see their … [Read more...]