Having a lot of clients that are realtors, builders or buyers of property, I am always asked what I think about real estate in the upcoming months or year. Today this blog is about my forecast on the real estate market in the next six months to a year. Here is what I am feeling and what information I am receiving from my Angels.
Right now things are really very good in real estate. The market is booming, people are buying and selling and things are really ,really, good right now. Between now and the next six months, whatever you want to do as far as purchasing or selling property or getting in with the right people to market your property, or any real estate venture that you want to get into, now is a perfect time to do that. After the six-month, we’re gonna see major changes in real estate. That could be because of the winter months, or it could be because of the energy shift around real estate and housing and properties going to slow down. It will creep through maybe three months, and then you will see moderate changes. Don’t panic. If you take the precautionary measures that you need to take within the next six months, you should be okay. Make and secure relationships with bankers and people that you’ve worked with before. Clients, lenders, and builders. Secure those relationships.
If it is time to make a change you feel like you need to make; i.e., you feel like you don’t want to work for this company anymore, do it within this six-month period. Don’t start changing things in the three-month period during the slow time thinking that you can jump the ship and get on a better ship because I’m telling you right now that my Angels are telling me that is not going to work. You need to stay where you are, or change now if you’re thinking about changing your team or company. If you’re thinking about reconstructing something, do it now. Don’t wait until things slow down.
Also this is a good time in real estate to up your game a little bit. If you want to sell houses that cost more money or you want to invest in real estate for yourself, this is the time to do it. After the three-month period of the slow down, and the changes that you’ll see, things will start to pick up and business will start to roll and you’ll see repeat business. You’ll see referrals. And here’s the thing, even if you have a lucrative wonderful real estate business within this three months, you will notice the change no matter how successful you are.
This is my outlook and my forecast for the next 12 months of real estate. If you’d like to book a house blessing, house clearing our one-on-one consulting talk about your real estate business, I’ll be glad to do that with you so let me know.
I wish you all much success in your real estate businesses.