On The Level - The Home Improvement Blog
Category
Blogger
Date
About our bloggers
Contact our bloggers

Photo courtesy of The Truth About...

Good Time to be a Homebuyer?

 
Good news is tough to come by in the housing market these days. Bloomberg.com reports a record 19 million homes stood vacant at the end of 2008. The wave of foreclosures is whittling away home prices, which is good news for potential buyers, and prompting government leaders to look for solutions. According to the article, the Obama administration is "considering government guarantees for home loans modified by their servicers." Details are still being worked out. All in all, it's pretty bleak out there but don't let it distract you from improving your home and fixing problems as they come up. If you are facing foreclosure, read our article about how the process works and how to avoid foreclosure.


Comments

Login or Register to Comment
Title/Content Author

Great time to be a first time buyer

02/19/2009 12:24 AM thediyer

In my opinion, it is a great time to be first time home buyer. Plenty of available homes, great rates make for a great buying experience. The stock market is stinking it up so I would recommend investing in real estate rather than the stock market at this point.

Tim

http://www.thediyer.com

Member Since
02/19/2009

Total Contributions
1

Login or Register to Comment
  Login or Register to Comm ent






About  | FAQ  | Contact  | Sitemap  | Privacy Policy  | Terms of Use  | Help

© 2016 Renovate Your World LLC