Savings and Investments

Investing in Real Estate

Why are there fewer buyers for houses today?

There are fewer buyers because many fear employment loss, inability to obtain a loan, inability to manage current expenses, and expectations from buyers that prices will further decline. They would rather wait out the decline in price than jump in at this point in time. Sellers are holding out for the best price because they need to pay off their mortgages in order to buy another house.


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