New Year New Hope

The New Year has arrived and with it new hopes and aspirations, resolutions have been made and there is a definite positive attitude in the air.

We have already noticed throughout our four offices along the coast that the buyer inquiry rate has increased. We have a lot of first home buyers checking out our listings along with investors creeping back into the market.

Local Real Estate Institute of Queensland zone chairman said last week that there were signs that the Coast could be on the ‘cusp’ of a real estate resurgence. He said “the perception is that the market has bottomed out, interest rates are down and now’s the time to get into the market”

Buyers are not yet out in huge numbers but they are certainly showing much more interest than they have been in the past few months.

A local mortgage broker has also confirmed that first home buyers have now had time to save to meet financial institute requirements and are now in a position to enter the property market, seeing that they can get value for money in more properties as sellers meet the market. More people are buying what is becoming known as stepping stone properties in the lower end of the market which they then hope to convert to an investment property when the market really takes off.

We have very realistic sellers on our books at the moment who are prepared to meet the market and have become very realistic in their asking prices. We have buyers who are cashed up and ready to buy as soon as they see the right property.

Over the next four weeks we will be running our auction programme, with at least 10 properties going to Auction from investment properties to lifestyle properties, there is bound to be one to suite an astute buyer.

So if you are here on holidays or you are a valued local and require any help with your real estate needs be it in any of our departments renting, selling, buying or holiday letting please call into one of our offices where our staff will be more than happy to help.

Till Next Week

Olivier

 

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