How understanding property cycles can help your property decisions
Buying low and selling high is the dream, but it's not always easy to predict property cycles and therefore difficult to “time the market". 🏡
The real key is the time you spend in the market. By understanding the phases—whether it's a slump, stagnation, or upswing—you can make more informed decisions. That said, there are certain advantages to buying during the slump and stagnation phases.
One major benefit of purchasing property during a downturn is that it often allows for more time and strategic decision-making.
On the other hand, buying during the later stages of an upswing can sometimes lead to irrational choices driven by the fear of missing out.
Always do your due diligence and stay within your budget!
Contact me anytime for info on the state of the current real estate market
Poll: Would you rather: Christmas in summer forever or winter forever?
Just a bit of a fun poll to get you thinking.
If you had to live out your Christmas days, would you prefer it was a summer Christmas or a winter Christmas?
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63.1% Summer
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35.5% Winter
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1.3% Other - I'll share below
What word sums up 2024, neighbours?
If 2020 was the year of lockdowns, banana bread, and WFH (work from home)....
In one word, how would you define 2024?
We're excited to see what you come up with!
Riddles to Resolve Your Resolution!
I shave every day, but my beard stays the same.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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