Are you chasing the bottom of the market??

Published on 27 June 2023 at 08:19

Hey there! Today, we're talking about why trying to time the housing market's lowest point is challenging and possibly a futile  pursuit.


The housing market is a wild ride influenced by various things, making it nearly impossible to predict the perfect time to buy. So, ditch the stress and here's why:


1. Unpredictability Rules: Like your mum's music taste, the housing market is unpredictable. Even experts struggle to forecast it accurately, so, unless you have a fully functioning crystal ball, don't waste energy trying to be a fortune teller.


2. Fear of Missing Out (FOMO): Waiting for the market bottom means missing out on dream properties that could pass you by. 


3. Emotional Roller Coaster: Constantly tracking market trends can turn you into an emotional wreck. Focus on long-term goals and what you can truly afford, rather than short-term market jitters.


4. Keep It Real: Instead of chasing the market, concentrate on your financial stability. Have a solid budget, steady income, and a pre-approved mortgage. Make choices based on your personal situation, not unpredictable market swings.


Release the pressure of finding the market bottom. Make smart decisions aligned with your needs and goals. Connect with the friendly team and MortgageMe who can guide you and find your perfect place to call home.


Remember, it's about embracing the journey, not chasing the market bottom!

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