Unformatted text preview: costs. As a new home buyer we will have to evaluate giving up certain entertainment and even may be selling things that we no longer use or have need of. As home owners will also have to give up free time and activities to acquire and maintain this new home. Because a new home will need up-keep, cleaning, decorating, and furnishing which all require a lot of time. Markets are usually a good way to organize economic activity. By doing research on the housing market in the area, in which we want to buy, is very smart. Knowing how the neighborhood is increasing, researching if the housing market in still rising or on the downfall, and watching the areas general economic base of the city, are all issues to watch before buying....
View Full Document
- Spring '12
- Economics, housing market, new home, general economic base, new home buyer