Advantages of upsizing or downsizing your home in a softer property market
Perhaps a softer property market will allow you to buy a future home now for below intrinsic value – especially if you plan to upsize or downsize in the next few years. Purchasers are in a stronger position in a softer market – especially with a backdrop of lower median property prices and lower auction clearance rates. This blog considers the financial merits of this strategy and what to look out for.What’s the benefit of doing this now?The advantage of buying at the bottom of the market (or close to it) is the probability that you will pay less for a property than you would if you purchased…
The skinny
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