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INVESTMENT STRATEGY

FINDING GOOD DEALS

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Change Brings Opportunity FOLLOW THESE THREE STRATEGIES TO FIND THE GOOD DEALS IN A MARKETPLACE THAT’S TRANSITIONING.

by Romney Navarro

ccording to an old Chinese proverb, “The best time to plant

season, or market cycle as they’re called in real estate, one thing remains constant: It will change. Unlike the seasons, however, real estate market cycles can only be predicted; you can’t “set your clocks to them” as you can for the seasons. Things don’t just go from cold to warm to hot every three or four months in real estate. Sometimes you are in a market cycle for a few months and

sometimes you are in a market cycle for several years. Currently, in 2022, we are fresh off the heels of an historic run up in appreciation that most living generations have never seen before. The period is historic in terms of both size (gains) and length (time). Since the end of the Great Recession of 2008-2010 (except for a minor blip in 2015 brought on by rising interest rates), the real estate

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a tree was 20 years ago. The second- best time is now.” This is true about so many things in life, especially investing in real estate. In a changing market, however, many people might challenge that advice. Like the seasons, all markets change. Sometimes the markets are hot, sometimes cold, and sometimes “just right.” But whatever the

8 | think realty magazine :: september - october 2022

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