The Housing Market (buy or sell)

By eopeter

All you hear on the news now is the fate of the real estate market. Foreclosure is on the rise across the nation. But, it is a good time to buy if you are in the market for a new home. I currently own a 1750 sq ft ranch in Williamsville that was build in 1962. I am thinking to myself, maybe I should get a more modern and upscale home now that the market is slowing down. Before I can so that though, I may need to find a buyer for my house.

Selling a home around is is very tough and may take anywhere from 3 to 90 days when all is going good with the economy. Now that the market is in a slump, who knows how long it would take to sell? I have looked at a couple houses in Lockport and it doesn’t look too bad but I must first find a buyer for my current home as I am unable to carry two morgages seeing that I am single and have a lot other things going on.

 

Leave a Reply