I personally think far too many overthink the property market.
The main reasons a house does not sell, whatever the market, or interest rate conditions are:
Priced to high.
It's a dump.
Poor location, or a combination of any three.
If the market deems you sell low, you will buy low. That has always been, and always will be.
All commodities make their price level from market demand, and property is just another commodity.
The expectation that you should always make a profit is nonsense.
So many enter the housing market with expectations way above reality, just because historical sale prices were higher, or lower, if buying.
All reports and figures showing sales, returns etc. from vested interests should be treated with a very large pinch of salt.
My wife and I have bought and sold quite a few houses in our time, and all our best deals were in fallen markets.
Go grab a great bargain!
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