Real estate commission and much much more
The current economic downturn has consumers looking for ways to trim their budgets and create a financial safety net to make it through the recession. The housing market has continued to worsen at a time when many had hoped it would turn around. The drop in home values has hit many markets in the country extremely hard. A lot of homeowners in those markets have less equity in their homes or have loans that are larger than the price of their properties now. The number of foreclosures are at record levels and has contributed to the glut of inventory of unsold properties.