Is now a good time to downsize?
Some may not realize financial benefit they expected
By Dian Hymer, Monday, September 14, 2009.Interest rates are low. Prices have come down in many areas. More buyers are deciding it's a good time to buy, even though it may be a while before the housing market stabilizes.
Buyers who have a house to sell face a more complicated situation than they did when they bought their first home. They may not be able to afford to buy a new house before selling the old one. And, it may be more difficult to find a home to buy, because many sellers are not selling now due to current market conditions.
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