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
🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
Do you think you know the answer?
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