Homes
Recently, there has been a buzz about the financial collapse, or rather, the world recession ending. Rumors are that the US economy in particular would most likely pick up and drive the engines of the world once again by year 2010. And, according to most researach, that will likely happen. The United States economy will most likely pick up again in ‘10 and along with it the housing market. Right now, houses are about 10% lower than what they were at last year’s peak. This is the perfect time to invest into houses. I know we’ve blogged about this several times. But time is of the essence. Within several months, housing prices will probably skyrocket again, and most of us won’t have enough money to make a 10% downpayment (the recommended amount), and maybe not even enough to consider buying a home.
