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The Changing Real Estate Market – 2020 and Beyond 16 Sep, 2020

Making the best out of the worst is a unique skill gifted to very few. The thumb rule in any trading is “Buy Low and Sell High.” For those who are looking to invest in the real estate market, the time is right and the time is now. The world is enveloped in a global pandemic, and things seems to have come to a standstill. However, those who are farsighted can see that real estate is the place to invest as mortgage and interest rates are at an all-time low.

Is It the Right Time to Invest?

One study also showed that the mortgage rates have come down to all time low in the history of real estate business. Since the overall economy is struggling and the extended pandemic trends have further weakened the economy, it will come as a windfall gain for those who are looking to invest in real estate as the rates will remain low for the coming quarters too. The 30-year fixed-rate mortgage, the mother of all the mortgages, has plummeted to 2.88 % in August 2020 itself. This is a clear indication to investors to grab the opportunity and invest before it’s too late.

The Flipside

Every coin has two sides, as the global economic slowdown has provided opportunities to those who are looking for avenues for investing, the same slowdown has also given hard times to a lot of us. For many of us, letting go of our accumulated assets is one of the ways to cope with the falling economy and secure a safer future.

A Friend in Need

Taking guidance and help from a professional firm is one sure way to get the best price for your property. Instead of relying on real estate agents for listing, it is safer and profitable for sellers to take help from established firms which have market value and credibility.

For guidance and help in these testing times, do not hesitate to contact us to get personalized and professional guidance in getting the best price for your property.

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