WHEN IS IT A GOOD TIME TO SELL OR BUY?

January 22, 2013 at 10:21 am 4 comments

by: Maria Hass –

I am often asked, “How do you make money in real estate?”

At the heart of it, the answer is pretty simple: “Go against public opinion.” In other words, BUY when NOBODY is buying. SELL when NOBODY is selling.

Investors who took the plunge in 2009, 2010, 2011 reaped big profits. This is the time when the market was down and NO one was buying. Now, we see the reverse. There is a 50 percent shortage of inventory because NO ONE is selling. Homeowners think that home values will continue to go up to the level they like. Just like they thought that the values would continue to go down when no one was buying.

Well, think again. When NO ONE is selling and everyone is buying, there is NO competition for sellers and prices go up tremendously — but only for a temporary period until more sellers come out to sell.

Home values will rise to a certain extent. I’m sure you’ve heard the saying, “What goes up, must come down.” This is exactly what real estate is about.

If you have more than one real estate investment including your primary residence, it is a good idea to build a relationship with a experienced, knowledgeable Realtor like me, who can keep an eye on the market for you and let you know when is the best time to sell your property.

Entry filed under: Arizona Real Estate, Chandler Real Estate, Foreclosures & Short Sales, Phoenix Real Estate, Real Estate Deals. Tags: , , , , .

Real Estate Red Flags You Would Like To Know Why Having a Realtor When Buying a New Built Home is a Good Idea

4 Comments Add your own

  • 1. Gilbert Short Sales  |  February 14, 2013 at 5:13 am

    A very good resource for everybody that wants to read a good blog.Keep updating your blog, anticipating to get more detailed contents

    Reply
    • 2. arizonabargainhomes  |  February 14, 2013 at 7:22 am

      Thank youDebbie. Keep checking my blog for interesting news and opinions.

      Reply
  • 3. homes in chester county  |  May 23, 2013 at 12:15 am

    I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog, I will keep visiting this blog very often.

    Reply

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