Don't give up on getting that house you really wanted
- Housing is slowly becoming more of a "buyer's market."
- Sellers asking prices are steadily decreasing despite remaining traditionally higher than usual.
- Don't expect a big housing crash similar to 2008, experts say.
After nearly three months and looking at 24 different houses, Kevin Lowrieand Matthew Hambletonthought they found their forever home.
They discovered a quaint two-bedroom, one-and-a-half bathroom house in suburban Philadelphia. The couple, one a healthcare worker and the other an investment banker, made what they considered a high offer, only to be outbid with a popular all-cash deal by some $70,000.
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