Reported about 15 hours ago
Many homebuyers view a potential recession as an opportunity, with a survey indicating that over 60% expect an economic downturn within the year. Nearly 30% believe this could ease the homebuying process by lowering mortgage rates and reducing competition. Despite concerns about a recession, most buyers prioritize their financial situations and personal needs over economic conditions, with more than half stating a downturn wouldn’t deter them from purchasing a home.
Source: YAHOO