KREM Local News
Slumping housing market causing frustration
12:44 PM PDT on Monday, July 21, 2008
SPOKANE-- As the housing market continues to slump many homeowners are facing foreclosure.
Now some people are questions whether it’s better to buy or rent.
Real estate agents in Spokane say the decision to buy or rent a home all depends on location and what you are looking for.
The cost of homes has not dropped but the number of homes available to buy has risen.
This has given buyers more options and made it more competitive for sellers.
However, some homeowners trying to sell are getting too frustrated to stay on the market, choosing to rent their homes instead.
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