If there is a question I am asked more than any other in real estate, its “is it a good time to buy?”. The answer to that question is simple. Real estate success, which most people see as owning something worth more than you paid for it, is generally more about time in the market than timing the market.   To expand on that, for the most part our property market runs in cycles of lows and highs. The highs tend to be higher than last time, and the lows are also generally higher than last time. BUT if you buy at the top of a high there is a chance your property values will fall to below what you paid for it at some time before picking back up to be worth more than you paid for it at some stage. So if you can just hold it for long enough that the value is worth more than the purchase price ( as in time in the market) then you are on a winner.   Why do I bring this up this week? Well normally markets are pretty easy to pick and so long as you don’t buy at … Continue reading To buy or not to buy- That is the question.