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All Forum Posts by: Dominic Ponce

Dominic Ponce has started 0 posts and replied 1 times.

Post: Is it a bad time to invest?

Dominic PoncePosted
  • Posts 1
  • Votes 1
Quote from @Chris Watkins:

Hi Kazumi, welcome to the forums!

The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that

the preside over.

Interest rates are a real concern for investors, especially us in the NW with prices where they are. The demand to 

live here, coupled with the lack of supply will govern housing prices for the next decade, and insulate the region from a larger drop, even if other parts of the country drop (which I don't believe will 

happen, at least not like 2008)

An investment property should be looked at as a long-term investment, one that lasts through many economic cycles. If you have high short-term goals for cash 

flow or appreciation, there's a fair amount of risk. But that risk diminishes over a longer horizon and real estate is fantastic in the long-term.

Whether you invest should depend on 

your short- and long-term goals. Time in the market beats timing the market. 

I found myself in a similar situation wasn’t sure when would be a good time to invest. But as long as you buy right I believe you will win in the long term.