Why Now Is the Best Time to Invest in Real Estate
BY SMDC
• 4 min. read
One of the most successful investors in the world once said, “Be fearful when others are greedy, and be greedy when others are fearful.” Taking Warren Buffett’s advice, the period of economic recovery we’re in today might just be the best time for you to invest in real estate.
INQUIRER Property spoke with four industry experts about the resiliency of real estate and why deciding to buy property now will yield high returns.
David Leechiu, CEO and co-founder of Leechiu Property Consultants, Inc., reminds us that real estate is traditionally the best hedge against inflation. He notes that despite facing market challenges and financial crises, we’ve seen a consistent increase in the prices of properties in prime locations.
Speaking of prime locations, SMDC President Jose Mari Banzon highlights how SMDC prioritizes accessibility and synergies with other SM companies to offer convenience to end-users and investors. The company anticipates a resurgence in residential property sales and residential leasing due to the return of in-person work and classes as well as the growing buying power of many overseas Filipino workers.
Sheila Lobien, CEO of Lobien Realty Group, Inc., warns that prices will skyrocket once we move past the economic recovery. So take advantage of good payment terms and attractive discounts being offered right now.
But, as personal finance coach Randell Tiongson advises, make sure that you are financially prepared and that your property is worth it by doing research and visits.
MADE TO LAST
Invest in a property with natural lighting, enough space to fit your needs, and a timeless design.
MUST-HAVE
Don’t underestimate the value of access to green spaces and a stunning view.
As the cities get denser and the provinces get more developed, the value of properly-managed properties have nowhere to go but up.