It's Harvest Time!

Just as the real estate cycle has a Springtime market when we buy homes and a Summertime market where we tend to our property and watch it grow, there are real estate investing Autumn and Winter as well. This is the brain child of Don R. Campbell, President of the Alberta based Real Estate Investment Network. He has monitored real estate patterns for decades to help us in our investment endeavours.

In the Autumn, as the economy changes, we begin to harvest the homes that we were astute enough to buy in the Spring as investment vehicles. We do this by taking the opportunity to sell those homes and property. We must watch the economy closely at this time as we want to sell our property when the indicators tell us to in order to make sure we are not still holding them when winter hits. This is not the time to be greedy! It is better to sell them just before the peak of the market and walk away with a little less than we could have, rather than just after the market falls and we are actually losing money.

In real estate Winter we see the economy slowed and the property investment market all but dead. This season can last for many years in some areas so it is a good time to turn your investment eye to buy in other areas. When it is winter in one area it is spring in another with opportunities to buy! buy! buy! Don't be discouraged at this time but rather look forward to the signs of spring that will come again.

Rhonda Hoffman

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