Progressive Property: Current Market Conditions & why now is the easiest, cheapest and best time to Invest in Property 

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If you have built or designed yourself a 'Progressive Property buying machine' [or a set of rules that you adhere to when buying Property, thne you will know that there are so many deals to be had now in todays market

We've been working closely with Simon, our head of Aqcuisitions, to refine the buying machine even more for our next upscale of Property Sourcing and to continually improve our buying power in Peterborough

At the moment we are well on top of the buying. We're buying £5-10K cheaper than we were 4 months ago. We have no waiting lists and we are sourcing properties easier and improving our rules even further

There could be a number of reasons for this; we believe it is a culmination of the factors below:

Sentiment:
People read papers, panic and sell cheaper than they needed to. We like to call them 'sheople' [people who believe everything they read in the papers]
But of course we respect their decisions and their judgements; and we help them get their outcomes and they help us get ours

Actual Market Conditions:
Market growth has slowed as an average across the UK. People read about this and think that this is the case in their specific area, when it is not necessarily the case, and this again relates to sentiment 

We chat to many estate agents every day: people who are actually selling properties [at decent enough volumes to get a reliable average], people who know what list prices are and actual selling prices are. Many of them have reported a large growth in sales volume in January. We think this relates to the actual market conditions of the area and the sentiment around it

Economic Conditions:
The state of the Us economy, the state of our economy and the efforts of the government to cover up the actual state of our economy. Looking at LIBOR and other factors, commentators and respected opinion, it looks very much like interest rates will gradually fall in the short term and could go as low as 4%

We are Getting Better:
Buying Property is all about rules. The longer you have been in the game, the more you understand that there are rules of the game and personal rules that need to be set and never broken

Aside:
 "The 44 Most Closely Guarded Property Secrets"
 
In our book "The 44 Most Closely Guarded Property Secrets" we talk about the time we bought a bungalow that looked like a good deal, but was outside our rules, and how it actually ended up being a big pain in the backside from start to finish, taking up far too much time, energy and cash

Our rules are being refined everyday, especially now with the help of Simon, and we are buying at bigger discounts, cutting the costs of our refurns right down, viewing less properties vs purchases, getting better at negotiation and other factors that add value to our system

Now is the best time to buy, with the help of Property Experts, when there is negativity in the press about the Property Market and prices:

See this link for massive opportunity: "Make Cash in a Property Market Crash"

The biggest investors have built their wealth steadily over time. Many have portfolios generations old and continue to use strategies that have worked for them. 40% of the Times Rich List have done just that

Be well and enjoy