It's "easier" in the sense that many people selling their homes can't really afford to bargain with you. Since many people don't have a lot of money and loans aren't as easy to come by, there are fewer buyers therefore fewer people to compete with over a house. If they NEED to sell their house and aren't getting any good offers, they end up having to accept the low-ball offers. This might end up in you getting a really affordable home. If someone has had to remortgage their home, they may owe more money on the house than it is worth and will not be able to accept low-ball offers in order to sell it. I feel bad for those people, they're stuck in a hard place.
It's not as "easy," on the other hand, because if you are worried about possibly losing your job, you're now stuck in a house that'll be hard to sell. You have a while to think about it. The realestate market isn't going to improve any time soon IMHO.
at 2:09 PM on Mar. 31, 2009