Going through a mountain of analysis on the housing market?

Don’t!

My advice for any serious Buyer or Seller out there is to look at the fundamentals of your own needs and try to avoid “sensationalism” created by market analysts and the media.  In my view, there won’t be a crash (or bubble), it will be a correction. It’s about semantics (that is, the meaning of a crash vs correction).

These reports coming out are conservative because there is this ongoing fear that the bottom of the market is going to fall out. You have these reports coming out at the same time that some of the banks are dropping interest rates again, echoing the sentiment of many other industry insiders. Having done a lot of open houses in the past couple of months, I noticed it has been causing a state of confusion for many people but I am finding that those who know the specifics and have a plan, stick to what they understand themselves.

In the end a correction, by definition, happens when something needs to be fixed. It requires evaluating facts in the proper context and making sure you fully understand what the statistics mean. Most importantly, when it comes time to buy and sell, in any market, it requires an approach that takes both the long and short term into account.

Looking to sell or buy? Need some professional advice? Want to know your real estate options?

How may I help you today? Direct line: 416-219-6662

Comments

[indore real estate]

Buying a new home is a serious venture. It can be an absolute pleasure or a massive headache. This post is a must read for buyers and sellers, as it is giving good direction in this matter.