No matter what the housing market seems like today or in a year, people will still keep on selling or buying houses according to their needs. The incentives do help but if there are no jobs or job security or ability to hold down jobs, the housing market will have its ups and downs. Recently I have seen houses going up for sale. Despite all the negative news about the houses not being sold quickly or sometimes below their listed price. People still put up their houses for sale. Maybe they want to downsize, move to another place, move to a bigger house or have a short sale, foreclosure or bankruptcy, divorce or death, the interest rates have not that much effect on the housing market.
I always see signs coming up saying house are for sale and wonder if what the experts say that do not put your house up for sale right now because the market is bad. Well it may take more time to sell (like the job hunting) but eventually it will be sold maybe at a low price but it will definitely have a buyer. But right now it is true that the houses are not going to sell that fast as the government and real estate professionals will like but it will sell.
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