Select the correct answer.

When is an ideal time for someone to purchase a home?

A.
when mortgage rates are high
B.
when the housing market is depressed and homes may be valued at lower prices
C.
when the home buyer is eligible for tax exemption
D.
when the housing market has grown rapidly and homes are valued at much higher prices

1 answer

The correct answer is:

B. when the housing market is depressed and homes may be valued at lower prices.