Zengcheng s housing market is declining, is it cost effective to sell a house?

Mondo Social Updated on 2024-01-30

In recent years,ZengchengPropertyThere has been a clear downward trend in the market, and many owners have to face a loss-making situation. More and more homeowners are taking the initiative to reduce prices** to avoid greater losses caused by long-term vacancy of houses. They even went to great lengths to reduce prices several times in just a few months. There is a voice that appears frequently: "If you don't reduce the price, you won't even see it!"."The question now is whether it is worth cutting meat against the backdrop of a declining marketSell your home?For many, this is a topic of great concern.

Recently, I received oneFansHe complained to me that his house had depreciated by 450,000 yuan, but he was desperate to make a move and asked if he should sell it. Let's take a look at the specifics: this oneFansHe has been living in Guangzhou for 10 years. In 2019, he purchased a place locatedZengchengA new house in Zhu Village. I chose to buy it at that timeZengchengThe reason is because he has only been working for two or three years, and his budget and income are relatively limited. And in 2019, the housing prices in Zhucun have been **, and he is worried about waiting for himselfEconomyYou can't afford to buy it when the conditions are better. After many comparisons, he finally chose a new property because it was close to home and there was a subway nearby, so he thought it would be easier to commute.

Despite the family's affectionZengchengBuying a houseThe idea is not very supportive, but he plans to have it laterEconomyWhen you can, you can change to a house in the city. However, who would have expected that things would backfire, and house prices would appear sharply**. He has always had the idea of replacement, but due to the bad environment, he can't sell the house at a good price, so he has been delaying. Nowadays, since his job is transferred to Baiyun District, commuting has become very inconvenient. And with the addition of two new children to the family, the house is not enough to live in. So, he was eager to make a move as soon as possible. He found an intermediary to list for more than a month, and finally negotiated a ** close to the psychological reserve price with a buyer, but the two sides have been deadlocked. At the same time, the intermediary has been trying to persuade him on the grounds that the market may be ** again. Although the intermediary's words also have some truth, but after careful calculation, he has a net loss of 450,000 yuan from buying the house to the current one!In this case, he is caught in contradictions and confusion, whether he should sell or not

At present, more and more owners are anxious and choose to sell at a lower **Property。According to GuangzhouCentral PlainsData from the Ministry of Research and Development, second-hand residential properties in Guangzhou in NovemberNetsignThe number reached 10,182 units, following the March to April this year, it exceeded 10,000 units again, setting the second highest point of the year. However, in NovemberSecond-hand housingNetsignThe average price was 29,221 yuan square meters, compared with 30,107 yuan square meters in the first half of the year. It's all about sacrificing value in exchange for sales. At the end of the year, many buyers are more inclined to pick up leaks and drive down property prices, which has also caused many homeowners to suffer greatly. Therefore, unless funding is urgently needed, or a better replacement has been foundProperty, otherwise there is no need to rush **.

Must be on their ownPropertyHave a clear understanding of the advantages and disadvantages, and have a rational judgment about **. You can refer to the recent transaction price of the community, the same building, the same type of house, or similar projects in the vicinitySecond-hand housing** to set a reasonable price close to the market price. This price is not the reserve price you give to the intermediary, but the reserve price you accept in your heart, even in the end, you will not compromise and lower *** If it is lower than this reasonable price, it is not recommendedPropertySale.

If there are some obvious shortcomings in the house, it will givelifeBring greater inconvenience, such as school districts, transportation, product quality and other issues, then once a customer bids, you need to seize the opportunity and respond positively. If this is the case for you, you will choose to lose all your moneySell your homeIs it?Let's discuss it in the comment section.

In general, whether to choose or notSell your homeIt depends on the individual's specific situation and needs. If the current market is declining has been rightlifehas a negative impact, and there is an urgent need to change the house or funds, then abandon the existing onePropertyProbably a wise choice. However, you must make a wise decision, do not blindly cut the meat**, but deeply analyze your own situation and market dynamics, and find the right time and way for you. There are a lot of other factors to consider as well, such as interest,Decorationfees and other additional costs. Seek the advice of a professional before making a decision so that you can make an informed choice.

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