Despite the tremendous strides we’ve seen from the real estate market we’ve got to always be prepared for small dips and changes. These might be seasonal, a reaction to other economic news, or just the natural trends that happen during a recovery.
But one things is certain – hiding from the facts will eventually come back to bite you. So if tough news comes along, face it head on. Case in point:
Growth slowed slightly at the end of 2014. The previous year saw growth of 4.5% but 2014 brought only 4.3%.
Does this indicate a dangerous trend for the coming year? Will it mean a wide-spread panic is coming up?
I really don’t think so. I think down moments are the kinds of things that can be capitalized on but only if you move fast enough. You need to know how to make money in any economy and how to seize the moment. Keep your eyes open and you’ll make lemonade from lemons at any time of the year.