The current economic climate is leaving a lot to be desired by many industries.
But one of the hardest hit industries that is not getting a lot of attention is the furniture market.
If you think about it, it makes sense.
Furniture stores rely on a few things to be able to thrive.
They need people to be buying new homes that they want to furnish or they need people to be happily making enough money to think they have enough extra to purchase large pieces to decorate their home.
Neither of these things is happening right now.
With the housing market at an all time low, there are not that many people buying new homes.
That means there is a lot less decorating going on.
In addition, the high unemployment rate that seems to be growing every day has a lot of people saving their pennies instead of being willing to part with them to purchase a new piece of furniture.
This is especially the case when it comes to large pieces of furniture like dining tables.
This means it is a buyers market! If you are in the market to purchase new pieces of furniture you can do it if you just know how to shop and take a little time making sure you get the best deal.
Here are some tips to follow: Shop Around - This may seem to be common sense, but you would be amazed at the number of people who walk into the first store, see what they think is a good price on dining tables, and buy.
Unless you want a case of buyer's remorse when you see that same item cheaper somewhere else you need to take a little extra time to shop around online and in your local stores to see what dining tables are being offered at what prices.
Watch For Sales - Right now there are plenty of sales to go around on dining tables.
Just keep your eyes peeled for the store circulars and other advertisements like TV and radio commercials.
You probably will not have to look long to find one.
Many stores are offering great deals on some of the larger items like dining tables, hoping to move them out of inventory.
Knowing when the sales are happening can help you land a great deal.
Going Out of Business - In addition to regular sales, you may not have a tough time finding an even deeper sale, a going out of business sale.
A lot of furniture stores have not been able to make it in this economic climate so they are going to shut their doors.
While this is sad for them it could be a great thing for you as it is a potential time to get dining tables at a deep discount as they try to clear out inventory in their final days.
Negotiate - The final piece of advice is to realize that no price is final if someone really wants to sell something.
Try the art of negotiation.
That means you need to be willing to walk if you cannot get the price you want.
Don't be unreasonable though.
If you offer a fair discount price off the marked tag you may be surprised at the deal you can get.