Is this a good time to purchase a house?

Why are the houses to cheap right now. I went online and saw a pretty home for only 400 to 755 a month. Im guessing it might be because of the economy because who really needs a house if we have to run, quarantine or leave a area. Which would be a big risk.That’s about as much as I know about housing market right now. Sorry, if anyone else knows more please help a girl out. Thank you.

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Extant1 · M Best Comment

Wait just a bit!! The corona issue is going to screw the economy, you could see housing drop further, and an interest rate drop

questionWeaver

Mortgage rates can not go lower ... construction is very strong ... and there is upward movement in the house market

It is actually a great market for both buyers and sellers

So, I do recommend you take a look!

plungesponge · 41-45, M

economy is stalling so there are less buyers. Up to you whether you want up buy now or wait longer assuming the market will keep dropping

SW-User

If you got the money and can keep up payments it would be worth looking into.

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