Predicting The Future Of Real Estate
Although real estate is seen as one of the most stable and profitable markets, it is not immune to major cyclical changes. This has been especially true during the pandemic, which dramatically affected inventory and property prices across the country. However, the market is starting to see some changes, and it’s important to keep an eye out for upcoming trends.
I have been a real estate agent for the past fifteen years here in the Niagara Region. My career has been wonderful and full of surprises with amazing happy sellers and buyers. While the market has had its ups and downs, I can say one thing for sure, the market is currently stable & will continue to level out. As an expert in the field, Christine Gazzola, Sales Representative Re/Max Garden City Realty Inc, has written down a few predictions about the future of real estate. Can I predict the future? Yes, actually! I can tell you that real estate is going to continue to be steadily climbing and consistent.
One thing is for sure, you will earn money every single day you own real estate. This is wonderful for homeowners and can be a little scary for new buyers. Buyers often ask me, “When should I purchase?” My answer is simple, the best time to buy is now! The market is still quite hot, and although prices are consistently climbing, it’s hotter now than it was six months ago, and it’s hotter now than it was even six years before that. The best time to buy property is today so that six months from now, you will see growth, and six years from now, you’ll have considerable growth.
Since the prices have been extremely high the last couple of years, prices are starting to stabilize and level out, but the prices will not go down, we will see a bit of a correction or adjustment. Interest rates are climbing a little. We still have an unbalanced market and little inventory. So sellers still have the upper hand. As a Buyer, your best advantage in this market is to have a great real estate agent and a mortgage broker by your side. Also, remember to have your downpayment put aside and keep your expenses low.
If you choose my services, one thing I can absolutely promise is that I will dedicate all my time, knowledge, and experience towards helping you. I will help you feel prepared and ready for your home buying or selling experience, and I will do my best to keep your spirits high and your worries low. Trusting a great real estate agent like me will help you plan for your sale and be smart about your purchase. I look forward to our ongoing relationship. I’m excited to see my clients succeed, grow and build their personal wealth. I look forward to helping you find your little piece of paradise and turn your dreams into an address.
If you are looking for a real estate agent in the Niagara Region, reach out to me at Christine Gazzola, Sales Representative Re/Max Garden City Realty Inc. I look forward to demonstrating a level of dedication that will lead to exceptional results. I am committed to connecting great people with great homes! I love what I do and “who” I do it for. My success in real estate is dependent on building great relationships, one person at a time. I offer real estate services for all your buying and selling needs across Fonthill/Pelham, St. Catharines, Welland, Niagara Falls, Niagara On The Lake, Lincoln, Grimsby, Port Colborne, Jordan, and Vineland. To learn more about the services I offer, please click here. To get in touch with me, please click here.