Right now is a fascinating time to be talking about real estate. On the one hand, with values falling, even contemplating the purchase of real estate might seem foolish. On the other, the wisdom of ‘buying straw hats in the winter’ suggests that the smartest and best moment to buy is when property is out of favour. Which is right?
Only time will tell, but this I know – right now is both the best time, and the worst time, to be buying. How can this be? Well, the decisions you make today will shape what your future looks like tomorrow. If you want those decisions to be empowering and successful, then they need to be based on education, not estimates and erroneous assumptions.
So, provided you know what you’re doing, and why, then the present property market offers a plethora of really attractive opportunities. But if you’re speculating, or guessing, then look out – you could be in for a nasty lesson in "What it feels like to lose a lot of money!"