Picking a time to sell when there are plenty of buyers, but few properties available is a great time to maximum your sale price. (In my experience easier said than done!!)
It took me along time to understand that there were good and bad times to sell(The property cycles) . Eg a sellers market (plenty of buyers) or a buyers market (plenty of sellers)
What is your current Country/City/Suburb property cycle?
Check out our NEW KIDS property clock (The market compass)
With mortgage interest rates falling how does this affect the property clock?
Welcome traveller to Property Success with NEW KIDS. Our real estate community is here to help you on your real estate journey.
Very positive because it makes mortgages more affordable and should trigger growth and some spare cash. So we could see the clock move from say 5 'clock - 6 'o’clock (Note in my experience it may take some time before we see the true effects)
I have seen the Auckland residential market at 12o’clock. And would have to agree with ‘everyones an expert’ mentality, now look at the market.
