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 Now is the time to buy! Recent media reports suggesting doom and gloom for the economy have created a certain amount of uncertainty in the property market. However by its very nature this uncertainty now offers an unprecedented opportunity for buyers and investors. According to Christina Wilson, of Wilson Moore Estate and Letting Agents, “as a medium to long term investment nothing beats property. Now is the perfect time to buy before the market once again picks up and prices start to increase.” Her fellow director, Richard Moore agrees. “Some buyers seem to think that the present downturn will continue indefinitely. However history has shown that such a view is not the case. After a limited period property prices will always stabilise and start to increase again. Most vendors are now realising that it is a difficult time to sell and as a result they are revising their expectations,” he says. From the buyer’s perspective it makes a lot of sense to buy now. First time buyers should seriously consider purchasing their own home rather than paying rent to subsidise their landlord’s mortgage. First time investors should be also made aware that the rental market in Dublin 15 is extremely strong and will therefore enable them to achieve a good return on their investment. “All things being equal, property is always the best bet as an investment for the future. That is why over time so many people have come to believe that investing in bricks and mortar is the best policy,” says Christina. For sound advice on the state of the current market and future trends speak to the Dublin 15 property specialists - Wilson Moore Estate and Letting Agents at lo-call 1890 80 80 80. Send To A Friend » | ||||||||||||
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