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: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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81.7% Yes
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17% No
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1.3% Other - I'll share below
Poll: When should the tree go up? 🎄
From what we've heard, some Christmas trees are already being assembled and decorated.
What are your thoughts on the best time to get your Christmas tree up?
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4.9% Second half of November
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44.4% 1st December
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16.8% A week before Christmas
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32.6% Whenever you wish
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1.2% Other - I'll share below
Neighbourhood Challenge: Who Can Crack This One?
This belongs to you, but everyone else uses it.
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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