Is It Really A “Buyer’s Market”? – Part 3

While we’ve already shown in this series that an individual can most certainly get an incredible deal on a new or used home right now, the author still is not completely convinced that this constitutes a “Buyer’s market.”

Because of the high rate of unemployment in the U.S., buyer’s must be careful not to over-purchase.

Many sellers are desperate, so finding a bargain is relatively simple. But people buying houses they couldn’t afford, or weren’t financially secure enough to maintain, created the crisis in the housing market that we are currently experiencing.

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