This is every retailers dream and every agents frustration. When prices were getting jacked up people couldn't wait to buy all they could afford (or not afford). Now that prices are declining and money is cheap, it is difficult to find buyers or investors. Obviously there are some factors that have limited the pool of potential home buyers and investors. Requiring more money down and stricter underwriting to mention a few? But now is the time to buy, just think of it as going to the department store when they have marked all their summer clothing down to 60-80 percent off. The same clothes will be full price again next spring why not buy now. The smart will buy now and reap the rewards in the spring of the housing market, because this winter will not last forever.
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