Housing Market On Such a Slump!
It looks like it will be a few years before the housing market gets back to “normal”. The interesting thing is that if you are looking to purchase a house, now is definitely the time. Its a very strong buyers market and its a great chance to build some very quick equity that will come in a year or two when the market bounces back. That will also give you time to alleviate your prepayment penalty that you would incur if you sold your house prior to a year or two (depending on your loan). However, the problem is getting a loan. Fortunately, there are organizations that provide Secured Loans for buyers in this current housing market.
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