Should you buy or sell your house next? Will house prices continue to rise? If you don't have a house, should you buy a house now? Conversely, if you have multiple homes, should you sell them?
The recent real estate trend is confusing. Some people say that house prices have fallen to the bottom. But there are also many people, including some real estate experts, who say that house prices have fallen to the bottom, and now house prices have stabilized. Which statement is correct?
Next, through the following situations, I will analyze what buyers should do at the moment.
First, if you're just looking for your first home. You need to observe the situation in the property market now.
Focus on three aspects. The first is the transaction volume of the property market in your city. If the transaction volume can increase month by month, it means that the property market is recovering. If the trading volume has not been able to rise, then no matter how hard others blow it and say it well, there is still no need to worry.
If you're a first-time home, but you can afford that kind of quality improved home, big house. Then you can act decisively now. Because this type of house now exists is undervalued.
If you want to buy a small apartment or a house with general support, you can wait a little longer to see if the market has reached the end.
Second, if you have more than one house in third, fourth and fifth-tier cities in your hands now. Then you can exchange these houses for a high-quality property in a first- and second-tier core city. Because there is little room for real estate development in third-, fourth- and fifth-tier cities, because the population of these cities has been negatively growing.
Similarly, if your house is in a first- or second-tier core city, but not in the core area, outside the fourth ring road, far away from the main city, and owns a house in the suburbs, then you are also worth selling these houses and replacing them with a high-quality house in the core area of the main city.
If the area where your house is located has no industrial support and no high-quality industry, then you need to plan ahead.
Recently, a friend asked me about buying a house, he works in a bank, it is his first house, he is a little hesitant now, very entangled in whether to buy or not?
Now he has 8.9 million yuan in his hand, and he is also the first house to live in. And he also knows that mortgage interest rates are now very low. There has also been a certain decline in house prices.
If you buy now, the cost of buying a house is much lower than the previous two years. In this way, his reasons for buying a house are actually quite sufficient, but as a friend, he still advises him to be cautious. Because now is the time not to rush. House prices don't suddenly rise dramatically.
However, what home buyers cannot ignore is that the current policy is indeed driving the recovery of the property market. This is also an aspect that home buyers need to pay special attention to now.
And the deposit rate has been lowered recently. The reduction in deposit rates means that there is a desire to force out the money in the bank for those who like to deposit. Use this part of the funds for consumption, buy houses and assets, and make the economy active. Because many people now tend to save money, resulting in more and more money deposited in the bank, and then less and less money in circulation.
So, do you think you should buy a house now?