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
New Year, Same Brain Teasers!
A man was found dead with a cassette recorder in one hand and a gun in the other.
When the police pressed “play,” the tape said, “I can’t go on,” and then there was a gunshot.
Yet, the police knew it was a murder.
How?
"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.
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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."
We're talking new year resolutions...
Tidying the house before going to bed each night, meditating upon waking or taking the stairs at work.
What’s something quick, or easy, that you started doing that made a major positive change in your life?