Buyer Activity on the up
Olivier Miller
20 Apr 12
After a marked increase in sales towards the end of 2011, we have had a very sold first quarter of 2012 with over 38 contracts written. Our offices are reporting strong sales and listing activity with enquiries continuing to increase on a daily basis. As April is drawing to a close we can reflect on the market with Laguna reporting nearly
$25 million dollars’ worth of sales, despite the fact that the recent Reserve Bank meeting produced no rate cuts again, we believe this is a good thing which will positively impact the real estate market.
Buyers who have been sitting on the fence up to now to achieve the best possible interest rate and property prices, will begin to be satisfied that now is the right time to be purchasing with activity across all levels of the housing/unit market. It is also reassuring to know the economy has the buffer there if required. There is also an increase in the number of properties coming onto the market for sale, so visit our website www.lagunarealestate.com.au and find out what properties we have available.
It’s a clear indication that confidence is returning to the
market place with sellers meeting the market and buyers are doing
their homework and are happy to purchase, so the overall
consensus is one of optimism and recognition of the
opportunities. As the consistency we are seeing continues to
build, the correct marketing combined with expert advice will
produce the desired outcomes. It’s all a part of the property
cycle in motion. We are enjoying a record number of listings here
at Laguna, so the stock choice is phenomenal. We have experts in
every area who can report a number of buyers wanting to
purchase.
Till next week,
Olivier
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