If you have some money saved up, then buying or building a home in a real estate slump seem like a good idea. You need to consider which will suit your needs best even though there are advantages to each.
real estate selling
In an ideal situation, you would sell your home immediately upon placing it on the market. In the alternative, you'll be able to get your home sold precisely around the same time you close on your new home.
Why It Could Either Be a Wise Choice to Buy ...
Buying property involves knowing the availability of utilities. Water rights and or permission to dig a well do not automatically come with the purchase of property, and besides, it might not even be safe to drink. Find out about the costs of running electricity and telephone services on the property specifically if you end up having to install them yourself. If it comes out that you need to put in a septic system because the sewer can't be utilized, it can be extremely pricey.