Stumbled upon this interesting 2015 article from Propertylogy and thought that we’d share it here. It’s called Is There a Right Time To Sell an Investment Property?
It’s got some really interesting ideas that we thought were still relevant. Here’s one that’s particularly thought-provoking:
The best way to see whether the demand of your investment property is going downhill is by analysing available market data. Declining prices is the obvious indicator that tells you that a market is going down. But take note that prices are just quotes. Home owners can ask for whatever price they want and buyers can offer whatever price they want. So it is not a good indicator to use when there are other better signals to scrutinize.
Have a look at the complete article for other interesting observations in this well-researched piece.