Real Estate Market Knowledge is Purchasing Power
In this unprecedented year, there’s been a lot of noise in the real estate market. Many people have strong opinions about what lies ahead for 2021, not all of them based on expert knowledge! In these uncertain times, it’s more important than ever before to base any real estate decisions you make on solid, reliable data from a trusted source. Instead of getting distracted by speculation and conjecture, you must tap into professional and proven advice that’s grounded in research, facts and figures. If you do this, you’ll be in a much stronger position to secure a better deal whether you want to buy, sell or even refinance your home in the year ahead.
- Increased Confidence
When you’re up to date on the current state of play in the market, you can be sure that you’re making the best possible decision for you. Uninformed consumers are always in a much weaker position when it comes to real estate choices. Because they lack knowledge, they can make the wrong move and often end up regretting any decision that they do – or don’t – make. If you educate and inform yourself about current market trends, however, you’ll know that you’re fully armed with everything you need to proceed with confidence. Knowledge is power!
- A Better Deal
Staying informed about real estate isn’t just a good idea – it means more dollars and cents in your pocket. For example, sellers who keep abreast of market conditions will know when they can get a higher price for their home; buyers who do the same will understand when interest rates are at their lowest and when the time is right to make a move. It’s simple: By checking in on the real estate market on a regular basis, you keep up to speed with any movements and either save or make yourself money.
- Better Prepared for the Future
This has been a difficult year for many people, causing anxiety, concern and real financial challenges in countless households all over North America and the world. Keeping abreast of the market means being better equipped for what’s coming down the line. When you know what to expect, you can take the necessary steps to prepare, be that building reserves, saving for a down payment or deciding to refinance.
To increase your purchasing power, make sure to get up to date with the real estate market. Watch my annual Bold Predictions Broadcast on Tuesday, December 8 at 9 a.m. Pacific to find out more. Claim your virtual seat today!