Rising interest rates, wars across the globe, the enormous debt governments continue to rack up, capital gains tax concerns, super funds facing restrictions on borrowing to buy property, a severe shortage of homes, builders going bust, constant debate around negative gearing, it's no wonder many people are sitting on the fence.
Every day I speak to buyers and sellers who are adopting a "wait and see" approach.
They're waiting for interest rates to fall.
They're waiting for more properties to come onto the market.
They're waiting for governments to make up their minds.
They're waiting for economic certainty.
They're waiting for the perfect time.
The problem is, there is no such thing as the perfect time.
Over my many years in real estate, one thing has remained constant. Life keeps moving forward whether we are ready or not. People get married, families grow, children leave home, jobs change, and circumstances evolve.
Those who spend too much time waiting for all the stars to align often discover that the opportunity they wanted has already passed them by.
Yes, there are challenges in the market.
Yes, there is uncertainty.
But there always has been.
The biggest risk is often doing nothing at all.
If you're thinking about buying or selling, get the facts, seek good advice, understand your position, then make an informed decision based on your own circumstances, not the latest headline or the fear of what might happen tomorrow.
Sometimes sitting on the fence feels safe.
In reality, it can be the most expensive seat in the house.
MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO!!
SELLING MOSMAN PARK & THE WESTERN SUBURBS!!
KEEPING IT REAL IS OUR MOTTO!!
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