In 2019, view, compare, evaluate carefully then buy a good property and wait to cash in. FMTNews
“When is the best time to buy a property?” is a very frequently asked question. Well, the best time to buy may have passed.
The point is, the best time for everyone may already have passed. However, 2019 can still be the second best time. This is a year when transactions will continue to be slow. It’s also the lively secondary market as some owners want to sell and buy now because that property that they are eyeing is now cheaper. Even the property auction market is now quieter and this represents opportunities too.Better and realistic prices. Property prices are good but not necessarily rock bottom in popular areas. In mature areas, the demand is always far higher than the available supply.
The fact is, banks need to lend. This is how they make profits. However they are now more prudent to whom they lend to.
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