Boring! Boring! not much has changed
Well Easter has been and gone, and unfortunately stock levels are still pretty tight. The main problem we have at the moment is that no one is prepared to sell before they buy, in fear of being locked out of the market because of extremely low stock levels. So it becomes a Mexican standoff and therefore no one does anything. Coming into Winter soon unfortunately decreases stock rather than increases it, so I am tipping it's going to be a market that holds fairly strong through these winter months. As per normal we see an increase in stock come spring, but what i have seen over the last few years is not enough to satisfy the backlog of buyers from winter. So all in all I suggest if you see something you like buy it. Please note: Most of the properties I am delivering to clients at present are what we call off- market properties, silent sale properties not advertised to the general public. The great advantage to this is that in most cases you have no competition. Give us a call today on 9960-1066 to register for these properties.
PK's Property Market Predictions
If you think this market is going to go down in any hurry think again. This is not the time to be second guessing the market this is the time to buy.
PK's Hot Tip
Never be afraid to put an offer in before auction, even if the agent is deterring you from doing so. Remember you are the one with the money and you will spend it how you see fit. If you would like to receive PK's Sydney Property Market updates, hot investment tips and much more please subscribe here. Or call one of our buyers agents today on (+61) 2 9960-1066 or email us so we can help you find your next dream home or investment property for the lowest possible purchase price. Also don't forget PK's 2 min video tutorials on youtube showing you hot tips and negotiating tricks of the trade.