SPRING HAS ARRIVED BUT THE PROPERTY HASN'T
Well first of all before I go into my Sydney Property Market Update, I would like to urge everyone to checkout my brand new website launched this week www.pkproperty.com.au . This was a real team effort, and I want to personally thank Rebecca Davis and Angela Kelaher for all their help.
Did you also know that PK Property was the first Buyer's Agency to set up in Sydney 20 years ago this month, and that there are now approximately about 150 Buyer's Agents Australia wide. Thanks everyone for all your support. It's been a lot of fun and is still a lot of fun. I love what I do, and look forward to the next 20 years!
Now to the market. Well it looks like it's going to be tight stock again moving into Spring. I think it's these interest rates that are causing stock problems as people are not being forced to sell and investors want to keep their money in the property market as it gives a lot better returns than money in the bank.
We could have a late rush of property coming on the market in November, but we really won't know if that's going to happen until late October. I think with rates so low and competition backing off a little it's a great time to buy, just make sure you know how to play the game and if you need some help give me a buzz for some free advice. It could save you tens of thousands of dollars.
PK'S SYDNEY PROPRTY MARKET PREDICTIONS
I think all the buyers are playing the wait-and-see game at present in regards to what stock is going to come on in Spring. Sure more stock will come on in Spring, but there's also a lot more buyers. So my tip is get out there and buy. If you wait too long I think you will miss out this year, and end up having to revisit your purchasing plans in February 2018.
PK'S HOT PROPERTY TIPS
When bidding at auction it's really important that you place yourself behind everyone else that is bidding so that you can see exactly from peoples facial expressions when they are getting to their limit. If you need someone to bid for you at auction we only charge $550.00 to take that fear away.
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Also don't forget PK'S 2min video tutorials on PKTV, showing you the latest hot tips and negotiating tricks.