Property Investing Essentials For Dummies by Nicola McDougall & Bruce Brammall

Author:Nicola McDougall & Bruce Brammall [McDougall, Nicola & Brammall, Bruce]
Language: eng
Format: epub
ISBN: 9781394170463
Publisher: Wiley
Published: 2023-06-27T00:00:00+00:00

Mastering Sellers’ Markets and Buyers’ Markets

Some real estate investors make the mistake of not continuing to research the economics of their real estate markets after they’ve made their investments. Even if you plan to buy and hold, you need to pay attention to the market conditions. The criteria we advise you to consider in making decisions about which markets are the best for investing are dynamic — they fluctuate.

Savvy real estate investors monitor their markets and look for the telltale signs of real estate cycles. These cycles present opportunities for expansion of your real estate portfolio or repositioning from weaker markets to stronger markets, because not all areas experience peaks and troughs at the same time. That’s why you need to know and track the overall timing of sellers’ and buyers’ markets.

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