Money | Brad Tuttle
The economy is in dire shape, many fear we’re already in a recession, and home prices are still sky high. But none of that means you should automatically give up on your dreams of buying a home.
[…] But should you walk away from a home purchase altogether? Maybe not.
“I think a recession can be a good time to buy,” says Melissa Cohn, regional vice president at William Raveis Mortgage. After all, she says, when you find the right house at the right price, it’s always a good time to buy.
Keep reading: Why a Recession Could Help Homebuyers — Plus 5 Tips for Buying During a Downturn