The top end of the market between the $1,300,000 to the $3,000,000 appears to be moving along with quite a lot of sales being done.
Although some of these properties have been on the market for quite some time and in some cases been heavily reduced they are now moving along.
People I think have been waiting to see what's going to happen and as usual in our world things start moving along and then people decide like sheep to start to follow.
Now is a very good time to buy so if you see something you really like then take the plunge and go ahead and buy it. If you are going to live in your property for 5+ years it won't make a shred of difference.
Are properties going to go down further - this is the question I continually get asked?
Who really knows, seriously if we did know don't you think we would be buying up big time at the lowest point, you don't know what the lowest point is until properties are selling (which they are now). If I get a crystal ball I will let you all know the updates, all we can do is report what we are currently experiencing.
The bottom end has been a bit stale whilst this has been going on but the investors will soon be snapping those up. So get in !! Do not listen to those that do not own real estate.
MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO !!
About Me
- Gill Vivian
- 21 years in the Real Estate industry I just love what I do. Very fortunate to be working with fantastic people and meeting different people every day.
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ReplyDeletestructural engineer New York
structural engineers New York