Interest rates are down, yet buyer activity has slowed—what’s behind this paradox?
Despite a decrease in interest rates compared to last year, buyer activity in Fort Erie has diminished. This counterintuitive trend raises questions about the factors influencing buyer decisions.
Historically, during periods of economic uncertainty—such as the 2008 financial crisis and the COVID-19 pandemic—market hesitancy was prevalent. Yet, these times also presented unique opportunities for those prepared to act.
Warren Buffett’s investment principle advises: “Be fearful when others are greedy, and greedy when others are fearful.” In the current climate, this perspective encourages a strategic approach to real estate decisions.
For a comprehensive analysis of the current market dynamics and insights into making informed decisions, watch the full discussion on my YouTube channel.
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