Qualified Buyers Not Buying?
By Liberty House Realty LLC, Turning the American Dream into Reality
(Liberty House Realty LLC)
A recent AP/AOL poll released this week shows a shocking and almost disheartening reflection of America's willingness to purchase a home. The poll recognized that over 60% of qualified home buyers said that they will not purchase a home in the next 2 years, up from 53% just two years ago.The biggest reason that the poll identified as to why these qualified buyers aren't buying is because that can't afford the loss on the home they are in now. So, let me put this into prospective for you.First of all, the country is currently going through a credit crisis. People can't get credit because banks and lenders tightened their standards for lending due to the fall of the sub-prime market. This credit tightening / crisis knocks out a lot of potential buyers who have fair to relatively good cred...
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