Remax Condos Plus

The biggest risk one can make is not investing in real estate! If real estate prices increase, those who do did not buy are clearly the losers. But the naysayers will still ask: what happens if real estate drops in value? If they do, then both the Renter and the Buyer win. So how does the Buyer win? When real estate prices fall, the more expensive properties fall further. So while the property you own is worth less, the property you want to upgrade to is also worth less and the price gap narrows. The best time to upgrade your property is usually when prices are falling, not when they are rising.