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Topic: Business
Number of pages / Number of words: 6 / 1670
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This is because this period of shaky job security will convince many prospective homebuyers that they should not take on the considerable financial investment required to purchase a home. Therefore, during an economic downturn, generally supply and conditions are favorable for prospective homebuyers to purchase a home for a price that is lower than one they would have to pay for when supply and demand conditions are advantageous to the home seller...


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Therefore, during an economic downturn, generally supply and conditions are favorable for prospective homebuyers to purchase a home for a price that is lower than one they would have to pay for when supply and demand conditions are advantageous to the home seller.

However, it is important to reiterate that a national economic downturn will influence local real estate markets differently...


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