There are certain moments that become especially interesting and appropriate to buy a property, and we are going through one of them.
Many people have been left in an economically vulnerable situation, due to the crisis that COVID-19 left in its way, which has led them to need liquidity more than ever. Those who did not have their property for sale, they have put it, while those who did, are more willing to listen to offers now than before the pandemic. If you are looking for a property, this is the time to buy.
REASONS WHY YOU SHOULD BUY NOW
1/ Owners willing to negotiate
This happens for two fundamental reasons, the first is the imminent need to obtain liquidity after a few months, due to the personal economic stoppage of a large part of the population.
The second, after weeks and confinement, the owners truly appreciate the condition of their homes, and the defects they have. This has made many owners realize that the price of their properties was not adequate in the current market, so most of them have reduced their price.
2/ Greater quantity of offers
The scarce movement of the real estate market prior to the crisis is transformed into favorable terrain to offer. These prices would never have been accepted by the owners, only 6 months ago. In this sense, the excess of offers will cause a fall in property prices.
3/ Excellent prices
What is convenient for the buyer, in addition to various options to choose from, is to know the profitability of their money. COVID-19 and its corresponding crisis force the owners to lower the price of those properties that they put up for sale, before the state of alarm is decreed.
The buyers are few, the sellers, many, and the need is great, which results in the perfect equation so that whoever buys has a wide range of possibilities and prices, which are in their favor.