Real estate predictions can be fool’s gold
- January 19, 2023
As experienced agents on the frontline, we can tell you that it’s virtually impossible to predict the bottom or top of the market. While we have an informed perspective on which way the market is travelling, real estate predictions can be fools gold in the sense that if you’re waiting for prices to reach their low point, no-one will ever be able to tell you with any certainty when that will be, and chances are you’ll find yourself buying on the way back up.
Having reviewed predictions, forecasts and real estate narratives over the holiday break, one thing is certain – volatility and uncertainty are the new norm and fear reigns supreme. However, there really shouldn’t be any fear in real estate. It should be a logical decision made to best suit your individual needs. If you pause, consider and make an informed move then stability and happiness are the outcome.
Sadly, in the modern world, people have become flighty, making quick decisions that at times lack wisdom and perspective. However, you’re unlikely to make a bad move when applying sound consideration, foresight and just a touch less emotion, without the influence of the now ever-consistent media scaremongering.
In 2023 there’s a great window to slow down for a moment, think about your lifestyle and ascertain how property complements your situation. If you’re looking for accurate advice backed by 30+ years of local market knowledge, speak with our team today. We’re here for the long haul, so whether you buy now or in 10 years, lease or just want some property improvement advice, we’ll only ever provide our best guidance for your specific requirements.
