If you’re not making much sense of what’s going on in the real estate market right now, City Sales acknowledge that you are not alone, and you certainly can’t be blamed for feeling confused. With so much conflicting advice out there at the moment, it is really imperative that people look to a specialist agent, like City Sales, to get their information.
City Sales are aware that economists are calling ‘doom and gloom’, but at the real estate ‘coalface’, they can see that buyers are still out in force. 2020 has already shown itself as a year of confusing economic signals, mixed real estate messages and bewildered investors; in other words: the perfect environment for strategic long-term real estate investors, and City Sales are experiencing the response to this situation.
However, if you are trying to predict what’s coming in the property market, don’t look at the statistics – they only represent the past. Unfortunately, people still allow the headlines to dictate how and where they invest and currently, too many investors are making their investment decisions based on the media and not on the fundamentals.
Strategic investors understand that what is going to occur in the future is more important than what has already happened. New Zealand’s response to the pandemic has so far been positive relative to international standards and this augurs well for a reduced impact on house prices.
Finally, City Sales see that at the moment, money is cheap to borrow but the general feeling is that banks will now tighten the belt, so for more information on property management, real estate agents Auckland and selling a property please go to http://www.citysales.co.nz .
