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Should You Still Be Investing in Real Estate? They Don’t Want You to Know THIS About Buying a House
The School of Greatness
**Insights on the Housing Market and Election Season Strategy **
The housing market operates consistently throughout the year, driven by intrinsic life events categorized as the 'five D’s': diamonds, divorce, debt, diapers, and death. Regardless of economic predictions about market booms or busts, real estate transactions will continue to occur year-round. Historically, low interest rates around 2% are not representative of normal conditions; rates typically fluctuate between 6% to 8%, which is considered normal. In preparation for the uncertainty during election seasons, it tends to become quieter in the housing market as people get distracted. Notably, from Halloween to New Year's Day is identified as a strategic period for buyers, as sellers during this time are often those who must sell, allowing for favorable negotiation opportunities. It is advised to leverage this window for significant deals while maintaining a long-term investment approach without being forced to sell.
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