Real estate is defined as tangible property made up of land as well as anything on it, which includes buildings and natural resources. RE/MAX Philippines country manager Kenneth Stern shares an introduction to it, and some market insights.
Recently, the pandemic brought about trends we haven’t seen for a long time. Needing financial support, overseas Filipino workers (OFWs) or small business owners may look at selling their condos. There has been a growing demand for houses and lots outside Manila, while townhouses in Manila have gone up in value. Interest rates are very low and will stay that way for the rest of the year.
Now may also be a good time to consider a career in real estate. As a real estate agent, you have control of your time and your future, and you won’t have to worry about job security, no matter how the market is looking.
To help you get started on investing in real estate, visit their website.