Leiter Realty Group Knowledge Center

1. You can’t time the market

Everyone loves to argue about this one but it’s simply the truth. Sorry.

Let me ask you a question:

How many people do you know who sold their home at the top of the market?

How many people do you know who sold their stocks in October 2007 at the top before they fell 50% in value?

Maybe you know a couple of people and maybe you did yourself, but most people didn’t.

So if no one could really call the top, what makes you think you are going to be able to call the bottom?

In fact, from my experience, when everyone thinks it is going lower, or higher for that
matter, they are probably wrong.

And right now, what is everyone saying? What is everyone waiting for?

That’s right. They are all waiting for the market to go lower.

So don’t be one of those people who sits around reminiscing “remember when the prices
were low in 2009? I wish I had bought then. IF ONLY I had bought then, how great things would have been!”

2. Rates are at historic lows
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Whether you like him or not, Trump knows a thing or two about opportunities in real estate so we have to at least listen to what he says. Here is what he said today on CNBC:

It’s one of the best times to buy real estate, Donald Trump, chairman and president of the Trump Organization, said in an interview with CNBC.

“It’s an amazing time to buy,” Trump said. “This is the best time I’ve ever seen to buy both real estate and probably other things. This is one of the great opportunities.”
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