Enquiry still at record levels… when will the dam burst?
Not much to say here other than for every one of the past eight months, website enquiry for property in all sectors has exceeded any other corresponding month ever! What that means is that people are looking, are interested in and are researching property, but not buying.
When will they front up? There are a few old tales here: when school goes back; when the weather settles; when the interest rates drop; when …..?
The reality for all of us is that we sell and buy when we see the right opportunity for us and for each of us that occurs at a different time and following different stimulus.
So, as a vendor, be prepared, be in the market and be well presented. For a buyer, check the promoted properties in the magazines and on the web but more importantly, if you are tempted, go see the property that takes your attention…that way you’ll put it in the buy basket or turn it aside.
Filed under: REAL ESTATE | Tagged: Real Estate