Wednesday, August 22, 2007

Slow Market

The economy is currently showing that the housing market is slow. My questions is this; In my local area the unemployment rate is good, better than alot of places. The market is flooded with homes to choose from. The sellers have realized that prices need to come down and for the most part are agreeing. The interest rates are slowly coming down.

With all of this said, why are more buyers not taking advantage of this market? Please give me your feedback. I'm interested in your views on this subject.

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