Inside Property
Buyers start to move….
Buyers start to move….
The public reaction to the news that interest rates will soon start to
ease has been very positive.With the news last week of the Reserve Banks sentiments, the buyers have
finally begun to realize the opportunities are available now. We have seen an
immediate lift in activity in the unit market and our friends in the building
and pest industry are reporting the same thing – their workload has lifted
remarkably with buyers making decisions to sign contracts on properties that are
priced to sell.Our Noosaville office alone has written 4 contracts in this investors
market price range 400-600k in the last 3 days.We are buoyed by the fact that we have our winter visitors here enjoying
the sparkling warmth in droves – occupancy rates are up and several of these
holidaymakers are turning into prospective purchasers, particularly in light of
the anticipated rate cuts.We have been very fortunate to retain a high percentage of our loyal
sellers and in turn are now able to introduce a more discerning buyer to those
sellers who have got the price right (those willing to negotiate to today’s
market are being rewarded with contracts).Our current stock has a superb diversity to suit every buyer, call any
one of our professional team members for further advice.
Till next week
Olivier