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Is now a good time to invest in housing?
According to real estate expert Gary Nash, it depends.
āResidential real estate activity will depend a lot on local market conditions. Most major cities nationwide saw a general decline in real estate activity at the beginning of the year. But there will be other areasālikely those hit harder by the pandemicāthat experienced steeper drops,ā he begins.
Health concerns and stay-at-home orders ultimately contributed to fewer property buyers, which in turn led to fewer sellers willing to list their homes and host house visits amid an on-going pandemic and a volatile market.
Yet, despite this trend, home sales saw a rise in demand. After an initially tough start, real estate activity began to improve at the end of the first quarter and mid-year, and even started to reach pre-pandemic levels by summer. Interested buyers began to boost their search in earnest, which led to improved purchase activity by the end of May.
At this point, home showings adapted, and the listings rose in number as online, and socially distant viewing rules and procedures were announced. As a result, pending sales in U.S metropolitan areas rose by almost 30% compared to the same period last year.
Did you expect this outcome for real estate?
Itās hard to predict exactly where the market is headed, especially when a lot of it hinged on how factors such as the pandemic will reshape the nature of work set ups and home ownership.
Housing is a long-term investment and a major purchase decision for many householdsāone that requires guidance from an expert who understands the nuances behind market conditions and how it will affect real estate demand and supply. This is something that Nash can offer through his Genius Investing Academy program.
With a career spanning over forty years in house flipping and real estate investment, he is the go-to guy for advice. His ten-step course, designed to help people avoid making costly mistakes, is the best resource for investors to maximize their profit margins and deal flow.
Listed as one of the top fifty in the country by Remodeling Magazine, he knows what to look for in properties and when the time is right to shell out. He has a well-proven track record of success and wants to share that success with others so they, too, can start living their dreams.
āI now enjoy a freedom most investors only dream about. I share this with you not to brag but to illustrate if someone like me who began as a bricklayer can do this, I know you can as well,ā he says.
Genius Investing Academy provides the structure required to build a solid foundation in the world of real estate. Gary explains everything, from renovation topics, best approaches, strategies, procedures, and techniques. Combined, the program offers a mastery of the housing market and business that helps you make the most informed decisions for major investment.