My sister told me that as long as home foreclosures continue to rise, she continues to feel jittery. She took out a thirty-year home loan a few years back and there is still a long way to go. However, she said that as long as she and her husband are able to hold on to their jobs, they should be fine.
Although the economy has been pretty battered these past few years, I think that it is on the road to recovery already. It may take some time but it should be better by the end of the year. It's too bad that I haven't saved up enough money yet to purchase a home. I thought that I should catch this economic downturn to secure a low priced property but I guess I have missed this opportunity.
I don't know how long I have to wait for the next economic downturn to come around again. By then, hopefully, I have enough savings!
Although the economy has been pretty battered these past few years, I think that it is on the road to recovery already. It may take some time but it should be better by the end of the year. It's too bad that I haven't saved up enough money yet to purchase a home. I thought that I should catch this economic downturn to secure a low priced property but I guess I have missed this opportunity.
I don't know how long I have to wait for the next economic downturn to come around again. By then, hopefully, I have enough savings!
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