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
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
The Summer Kiwi Quiz is back by popular demand
Grab a copy of your local Stuff newspaper between 1 Jan - 28 Jan and participate in the Summer Kiwi Quiz! Test your knowledge, answer the daily New Zealand based questions, and find out how well you know our beautiful country!
Each correct answer will get you one entry into the draw to WIN 1 of 5 Ooni Karu 2 Portable Pizza Oven bundles, valued at $1024! Each bundle includes: an Ooni Karu 2 Multi-Fuel Portable Pizza Oven, Ooni Karu 2 Carry Cover, Ooni 12" Perforated Peel, Ooni Digital Infrared Thermometer and an Ooni Cookbook: Cooking with Ooni. The more answers you enter correctly, the higher your chance of winning. For more information and to submit your answers, click here
The Team at Stuff
Loading…