Image courtesy Horizons Beach Resort, North Truro, MA |
- Expect to see a continued decline in distressed sales. This affects investors and first-timers. Only the most savvy will get a crack at these diamonds in the rough.
- Buyers: With low inventory, you and your agent need to vigilantly monitor new listings. The good valued properties practically evaporate as soon as they hit the market. Be ready with your financing.
- Sellers: Presentation is always important, but it's especially important now. You want your property to be the one everyone clamors for. Put the time, money, and effort into making it outshine the competition, and you will be in the drivers seat.
- Rising interest rates. Not really a wildcard--it's happening. But it's not always clear when we'll see these increases.
- Tax law changes
- Government squabbling (another shutdown?)
- FEMA flood maps
Source: Cape & Islands Association of Realtors
A good property is not that hard to market and that is the right property to choose. A property that is near different necessity that people need. We at Property Investment Brisbane thinks of the things that people need before we acquire a property.
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