(416) 706-8654

Fall is officially here, just observe the beautiful colour of the leaves.   Which is a great reminder that change is not alway scary. Change can be beautiful and it can bring new opportunities into our lives. 

 

While it may seem impossible to keep track of these constant changes, there are a few things real estate investors can keep in mind going into the month to better navigate the market having an idea of what to expect:

 

The buying race might be slowing down

While the second half of 2021 was characterized by an incredible level of demand from buyers (derived from lower mortgage rates), it is possible to see a decrease in said demand in October of 2022.This can be contributed to the normalization of the market, and result in more options for those looking to invest in real estate due to the reduced competition. 

 

Knowing when to let go

A return to a more stable market does not mean buying interest will stop altogether. Many potential buyers are still finding their footing in a post-pandemic world. Because of this, it is important for real estate investors to be prepared and jump at opportunities that present themselves to sell their properties (as long as it is under desirable conditions) even in cases where they hoped to keep the property for a longer term. 

“If you’ve meticulously planned the direction of your investments over the next five or 10 years, don’t let that plan keep you from profiting in an unexpected way” states David Crown, CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management as he writes for Forbes.

 

A Market Snapshot

Going into October, real estate investors should remember that the market will continue to undergo major changes. A decrease in interest from buyers will result in more options for those interested in making purchases (although these may imply higher mortgage/interest rates). 

Finally, said change does not necessarily mean investors will struggle to sell their properties, but rather that the market is returning to a more stable state. Because of this, investors should be prepared to sell at the right price to prevent missing out on potentially large profits.

Just returned from my real estate investment summit in Niagara Falls, where I connected with my peers and real estate investment partners past, present and future.  Always growing and learning new strategies to navigate the current market.  Opportunities are everywhere!

Happy investing! 

CANDACE

QUOTE OF THE MONTH

A LAUGH OR TWO FOR GOOD MEASURE

HELPFUL LIFE HACK #1

HELPFUL LIFE HACK #2

WHY INVEST IN REAL ESTATE?

TANGIBLE ASSET

 

A real asset is a tangible investment that has an intrinsic value due to its substance and physical properties. Commodities, real estate, equipment, and natural resources are all types of real assets. … Real assets tend to be more stable but less liquid than financial assets.

ABOUT CANDACE HARRIS

HarrisRealEstateInvestments.com is a real estate investor actively involved in the Durham area real estate investing for a number of years. My mission is to provide quality housing for quality tenants, while at the same time providing an above-average return on investment (R.O.I) for my investor partners and myself. It is truly a win-win-win way of investing!

Candace offers her investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without the hassle of being a landlord, please contact Candace.

For more information about Candace and her investment program, please call (416) 706-8654 you can also email her at candace@harrisrealestateinvestments.com or visit  https://harrisrealestateinvestments.com/