We have had 17 previous Real Estate cycles that tell us things. If someone is to buy a home, a huge investment for their future, they should at least be informed on the subject in a general and responsible way. I lost a small fortune many years ago because I was not aware of buying and selling cycles.
THERE IS A FLOW
There is a season for all things. Nature can boast of this example. In Real Estate, there is a time to buy and a time to sell and even one to invest. There are general rules and principals that when known help the principals transact intelligently and with less risk.
THERE ARE REFERENCES TO CONSULT
Buy low and sell high is a rule of thumb but stands as a good example. How many people did the opposite? They bought high and cannot even sell low, but at a loss. There is a rhythm in the Real Estate business and it must be consulted. That is where your Real Estate agent makes all the difference in the world
SUPPLY AND DEMAND WORKED UNTIL...
It used to be that supply and demand was another rule of thumb used by many to make decisions. But Wall Street manipulated that principal and many were deceived with false readings. The system of buying and selling in and of itself works. When it is manipulated, it fails miserably taking the players with it.
EVERYTHING IS INTER-CONNECTED
Real Estate cycles are affected by many things too. Being in a state of war changes things, water shortages. gasoline and food prices all play into the dynamics. I didn't know that there were indicating factors that would cause someone to pause until after I lost money. Learning after is expensive...very expensive
MOVING SLOWLY BUT SURELY
Anyone considering purchasing a home or an investment should become aware of the subject matter and then spend some time finding, interviewing and then choosing a Real Estate professional to get you either in or out of the transaction effectively. Together, a sound deal can be realized
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