03-05-2013, 04:34 PM
They may also be waiting to no longer be underwater. You need to have a little bit of equity in your current house, so you can sell it and still have something left for a downpayment on the next one.
A lot of people went from owning to renting over the last few years, and I think those renters are now looking to buy again. Which they should, since the government basically pays you to own (can deduct interest payments from taxes but not rent).
A lot of people went from owning to renting over the last few years, and I think those renters are now looking to buy again. Which they should, since the government basically pays you to own (can deduct interest payments from taxes but not rent).
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