7 reasons why it’s hard to know whether your house will lose value

The pleasure of owning a high priced home is incomparable. However, doesn’t it become extremely stressful on knowing that the prices of your property have gone down and may also lower in the future? In some ways, it would be easier to plan if we really know the condition of Wanneroo real estate agents market in the near future. But the market is uncertain and hard to predict in reality.

Check out the situations when the price of your home might fall flat unexpectedly to get an idea of the real estate value of your property-  

  1. Inflation
Inflation is a hike in prices. The orders and steps by central bank and government to bring down the inflation may reduce the prices of your home. The fluctuation in inflation and deflation are the part and parcel of our economy, due to which the prices of your home may go up and down.
  1. Interest rates
The rate of interest paid on the money you borrowed your home with is also a big threat.   The rise in interest rates imposed by banks or other financial institutions may make your home value fall flat. So higher the rate of interest may give you the blow of lowering the value of your home...............READ MORE

Comments

Post a Comment

Popular posts from this blog

Top-Rated Real Estate Agents in Tapping for Smooth Property Deals

  Buying or selling a property is one of the biggest financial decisions you'll make in your life. Whether you're a first-time buyer, a seasoned investor, or someone looking to sell and upgrade, having the right support is crucial. That’s where  real estate agents in Tapping   come into play. If you're considering making a move in or around the beautiful suburb of Tapping in Western Australia, choosing a local agent who knows the market inside-out can make all the difference. In this blog, we’ll explore why real estate agents in Tapping are essential for smooth property transactions and what sets the best ones apart. Why Choose Real Estate Agents in Tapping? Tapping is a family-friendly suburb located in Perth's northern corridor. Known for its peaceful streets, modern homes, and close proximity to schools and parks, it’s become a sought-after location for both homebuyers and investors. When dealing with a unique market like Tapping’s, working with local profess...
Read more

Wanneroo’s Real Estate Market Explained: A Guide for Buyers & Sellers

  The real estate market Wanneroo has been gaining attention from both homebuyers and investors in recent years. Located in Perth’s northern suburbs, Wanneroo is known for its family-friendly lifestyle, growing infrastructure, and affordable housing options compared to inner-city areas. If you’re planning to buy, sell, or invest in this region, it’s important to understand the current trends shaping the property landscape. Growth and Development in Wanneroo Wanneroo is one of the fastest-developing suburbs in Western Australia. The area has seen a steady increase in residential and commercial projects, driven by population growth and improved amenities. With schools, shopping centres, healthcare facilities, and recreational parks, the suburb offers an attractive mix of convenience and lifestyle. These factors play a significant role in strengthening the real estate market in Wanneroo . Housing Demand and Affordability One of the biggest advantages for buyers in Wanneroo is...
Read more

Expert Tips from the Best Real Estate Agents in Perth to Sell Your Home Faster

  In Perth’s competitive real estate market, selling a property quickly and at the right price requires more than just a “For Sale” sign and a listing on property portals. Successful sales demand strategic planning, expert market knowledge, and attention to detail—skills the best real estate agents in Perth bring to the table every day. Whether you're a homeowner planning to sell or a   real estate agents in Perth looking to sharpen your strategies, these expert tips from top-performing agents in Perth will help fast-track the sales process while maximising your return. 1. Price It Right from the Start Top agents agree: pricing a home correctly is the most critical factor in achieving a quick sale. Overpricing can cause your property to sit on the market longer, which can lead to price reductions and buyer suspicion. Tip: Use comparative market analysis (CMA) tools, and consider recent sales data in your suburb to set a competitive price point. 2. Invest in Professional Styl...
Read more