SPRING MARKET WILL BE FAST AND HOT!
While everyone has been sunning themselves in the Greek Islands, or maybe getting in a few turns down the snow, PK Property has been pushing on the last 4 weeks racking up over $30 Million in sales.
The appetite to find the new family home or investment property has been strong, because once again stock is at critical lows, and the demand is far outweighing the supply.
Sure it will get better come Spring time, but we are looking at the same stock levels as the last two years, and I believe a lot more people wanting to buy. Therefore, I see strong competition in certain areas and certain price ranges, right up until Christmas now.
We have seen auction clearance rates slowly climbing back over the last 4 weeks, and I believe they will rise even higher over the coming months.
We won't see the capital gains that we have seen over the last three years, but we will see some solid gains moving forward till Christmas.
PK'S SYDNEY 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 PROPERTY TIPS
When bidding at auction make sure your bids are delivered confidently and quickly, so the competition think that you are here to buy it at any price. If you are not confident to bid on your own, or need anonymity, one of our Buyer's Agents will bid for you for just $550.00.
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