The Science of Real Estate Cycles

The real estate market is inherently cyclical, with patterns that repeat over time due to various economic, social, and governmental factors. Understanding these cycles is crucial for making informed decisions, whether you're buying, selling, or investing in real estate. The four primary phases of the real estate market cycle—Recovery, Expansion, Hyper Supply, and Recession—offer distinct opportunities and challenges. Let’s explore each phase in detail and understand how they influence the market and your real estate decisions.