Nick Churton of our London office has some thoughts for home buyers and sellers who wish they could see into the future. Don’t you wish that just once you could have a sure-fire tip about the perfect time to buy and/or sell an investment?
If only you or your parents had known to invest in a small Californian computer start up company called Apple in 1976. A $1000 investment then would be worth north of $30 billion today.
Finding these tips and then acting on them is the stuff of legends. But it is still possible to do the right thing at the right time by listening to the right people.
For example, a good real estate agent with great local knowledge knows exactly what is happening in the property market. So, if you are thinking of buying or selling your home, a good first move would be to receive the best local advice.
On both sides of the Atlantic, the real estate market is an exhilarating place to be right now. Many of us haven’t seen as buoyant or active a market like this since before the great recession in 2007/8. Properly priced homes are flying off the shelves. But we wouldn’t be doing our job if we didn’t point out that the real estate market is cyclical, and that sometime after this current scramble to buy and sell is over, the market will eventually settle – it always does. It cannot remain on afterburners forever.
In many markets, this is as near perfect a time to buy and/or sell a home as you are likely to find, and those key moments like this only come round every decade or so.
You’ll be pleased to know that we don’t charge for insightful property advice, and while we might not be able to turn £1000 into $30 billion for you, we can help you make the most of what is probably your most financially valuable asset.
So, go on, make a legendary move today.