Industry News

Five tips for buying during a downturn

Photo by Jennifer Grismer on Unsplash

 

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

Related posts

10 must-do sale preparation tasks

jlspr

Driving Innovation in a Competitive Market

jlspr

New report finds 87 percent of buyers use a real estate agent

jlspr