2007-01-11 00:53:49 · 12 answers · asked by Eva 2 in Business & Finance ➔ Renting & Real Estate
Hi Eva,
That will depend on the proprty itself. Real estate markets go up & down but if you purchase a fundamentally cash flow positive property you should be OK in most times.
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For anyone interested in their own wealth creation this product is definitely worth looking at.
Best of luck !
2007-01-11 16:04:18 · answer #1 · answered by Finance_Expert 2 · 0⤊ 1⤋
Not particularly, unless you are one of the lucky few that accurately predicts an area that will suddenly shoot up in value (such as a new transport link being built, new shopping centre, an area that is under regeneration, or one that is on the edge of a more popular area that you think is going to rise as people look further afield).
At the moment there are many different predictions from experts about whether house prices will continue to rise at the same percentages as they have been. It seems probable that there will be a slowing down of the market (especially if the interest rates are to rise for a fourth time), although I doubt that there will be a massive crash.
The places that will not hold their value are those in areas where there is not the business or infrastructure to support past price booms. So, even though places like London are expensive, many areas do not have enough properties to meet demand and there will always be a market for homes.
2007-01-11 01:17:38 · answer #2 · answered by Hannah L 2 · 1⤊ 1⤋
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2016-04-28 11:13:10 · answer #4 · answered by ? 3 · 0⤊ 0⤋
Financially, the rates have just gone up again. But if I wanted to buy a house try and see the house at its worse, possibly in wet weather then u will see any damp problems etc. Best btime to sell is summer time, better price hopefully. Same goes 4 cars caravans etc.
2007-01-11 01:35:12 · answer #5 · answered by DIAMOND_GEEZER_56 4 · 0⤊ 1⤋
Yes
there isnt a bad time to buy property. Unless you want to make a few quid quickly.
The Bad Time is when you come to sell, but if you dont need to sell and you are in a bad period, just wait untill they go back up.
In general houses have alway gone up
2007-01-11 01:19:22 · answer #6 · answered by maka 4 · 2⤊ 0⤋
I think so, the market may benefit you with the rate rise. It should stop prices zooming up the way that they do most years, but may also be a temporary increase in what you will paying on your mortgage.
2007-01-11 01:05:03 · answer #7 · answered by voodoobluesman 5 · 0⤊ 1⤋
If you won the lottery last week its an excellent time. If not I wouldn't bother!
2007-01-11 01:35:55 · answer #8 · answered by intelligentbutdizzy 4 · 0⤊ 1⤋
no I would wait until after 3pm
2007-01-11 00:56:50 · answer #9 · answered by Anonymous · 0⤊ 1⤋
yes but don`t over stretch yourself
2007-01-11 01:04:12 · answer #10 · answered by steve223261 3 · 1⤊ 0⤋