I made this video in January 2023 but most of the content is still relevant. When is the best time to buy real estate? Of course it depends on your goals and that is part of the research that you need to be doing. The best time to buy real estate, if that is a goal of yours, is “when you can.” But what does that mean? "When you can" means when you've done all of the homework… this includes financial research, market research, neighborhood research, personal research… "When you can" is different for absolutely everybody. Don't let anybody tell you you should! This decision should always be yours and yours alone.
In this video, I am going to teach you the 'rules' of when to buy real estate. We'll cover topics like location, budget, and more. If you're looking to buy real estate, then you need to know the rules!
I’ll teach you the key factors you need to consider when buying real estate. From budget to location to market conditions, we'll cover everything you need to know in order to make an informed decision about when to buy! When should you buy? Is now a bad time to buy? Everyone wants to buy at the right time! Buy low sell high That makes sense doesn’t it…? Well, of course, it does in theory. In this I break down when is a good time and when is the bad time to buy. I’ll start by doing a simple explanation of trends and seasons, move on to some advice from one of the world's best investors, give you a story about my first condo purchase, let you know who I think it's “good and Bad” for and finally wrap it all up with a summary of when is a good time and when is a bad time to buy. REMEMBER!!! This is about your personal goals, your personal capacity, and your situation. Many people do not share the privilege of being able to pursue real estate and that is in no way a refection of them. I hope to inform, update, educate and empower. Never pressure, only inspire!
Do I recommend everyone gets into real estate? Well, as a realtor, you would assume I would say yes… But absolutely not. Real estate is not for everyone.
Personally, I do believe in the real estate market… I do own in the lower mainland… I do feel safe in my investment. But nothing is guaranteed. Your ability to own real estate does not in any way, shape or form, reflect upon you as a person, or your level of success.
Let me know what you think. And if you have any questions or concerns, please feel free to reach out.