Financial turmoil intensifies home buyers’ anxiety
The past month wasn’t exactly a confidence-booster for would-be home buyers and sellers.
They’ve witnessed a turbulent stock market, a downgrade of U.S. credit, a spreading European debt crisis and a U.S. economy that seems to be running in place.
And now many say they’re even more hesitant – a retreat that could further delay a rebound in housing. It could hold back the overall economy, too.