‘The market has begun to correct itself’: House hunters say they’re ready to buy in the next six months -- even in a recession. Here's why.

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Two in five buyers think that the economy is in a recession. But 42.2% of respondents said that the recession will have “no effect” on their decision to buy a home.

The economy is in a recession? 30-year mortgage rates near 6%? Doesn’t matter — some home buyers are still planning to buy a home in the next six months, according to a new survey.

With rising inventory levels, and options available in smaller, more rural markets, “this fall could bring relatively better chances to find a home within budget,” she added. But the market’s also made of buyers who are very spooked by the current conditions. The share of buyers who say they’re a lot less likely to buy now amid a recession rose from 5% last year to 6.5% this year.

— Realtor.com report “The share of buyers who report being overbid on a home has decreased as the market has begun to correct itself,” Realtor.com said.But it’s still a slog to buy a home for some.

 

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Try to buy a house in Naples Florida 🤔

Its definitely not the right time to be buying a house

We are working to help make housing more affordable! Just launched a crowdfunding campaign to start helping in additional states. letsmakehousingaffordableagain Legal disclosure/

😂😂 Interest rates and inflation will…

“Said” … think*

But the 6% interest rate will

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