Is it finally a buyerâs market? The latest market trends say a shift is underwayâhereâs what it means for you.
â Market Tone: Buyer-Friendly
- Sellers are using terms like ârepriced,â âbelow market,â âurgentâ â signaling a shift toward a buyerâs market.
- Overall, supply is outpacing demand, creating opportunities for buyers to negotiate.
đ˘ Condominium Sector: Price Corrections
- Numerous condos are trading below zonal values, reflecting a broader correction.
- Investors who pre-bought units face pressure to sell at break-even or modest losses.
đď¸ Residential Subdivisions: Slower Sales
- Higher-end homes in NCR are staying on the market longer.
- Sellers are offering price discounts and flexible terms to seal deals quicker.
đ Shift to Provincial and Alternative Properties
- Developers are expanding in provinces and launching niche offerings like leisure farms and Airbnb-focused properties.
- Improved infrastructure is making these projects more attractive.
đĄ Affordability & Outlook
- Properties in provinces offer better value and growth potential, attracting more buyers. The market is undergoing a healthy correctionânot a crashâbut vigilance is key. If prices keep dropping and sales slow further, bubble risks could rise.
đ ď¸ What This Means for You
For Buyers:
This is a prime buying window. Leverage pricing flexibility to secure valuable assetsâespecially in subdivisions and up-and-coming provincial areas.
For Sellers:
Adjust expectations. Be open to price negotiations and flexible terms to close deals faster.
Investment Angle:
If youâre an investor, especially in condos, timing is critical. Focus on units priced right, ideally near zonal valuesâthereâs strong upside here.
Let me know if youâd like tailored recommendations or a deeper dive into any specific area. Together, letâs make every move a win-win! đ
***source: robertgsarmiento.wordpress.com