January 10, 2008

Cheaper Homes, When Are You Going To Buy?

SOURCE: MSNBC News

Home buyers are reportedly waiting until the market bottoms out, according to MSNBC News.

Even though home prices are falling at a considerable rate, stricter residential lending standards only allow the best credit risks to borrow.

Only people that need to move are very motivated to buy right now. Most are waiting for the housing prices to drop even further.

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