Tuesday, October 20, 2009

Real Estate Market Could Offer New Opportunity For Some Consumers

The apparent resurgence of the real estate industry is being watched closely by the national media as well as consumers. However, the fact that more buyers are returning to the market doesn't mean that consumers are back to enjoying the same favorable financial terms they once did.
Part of the emerging resurgence of real estate has been fueled by low prices brought on by high
national foreclosure rates, which is linked to a perception among many buyers that the market has finally hit bottom and is leveling off.
Still, consumers will be unable to take advantage of the revitalized market if they lack a
sufficient credit score to finance a home purchase, or if they are financially unprepared in other ways.

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Posted by: Christina Dove


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