Auction reporting this early in the year serves no purpose to speculation for the remainder of the year but it does give comfort to those of us with a vested interest in the market, even if it’s based on faith. It is interesting to see though, that the auction results for the first decent recordings … More Real Estate Market Commentary FEBRUARY 4
The last of the Auction campaigns for 2016 are beginning over the next week or so and with that we are seeing a flurry of buyers also hitting the market. The weekend just gone saw a very large – 792 – number of properties go to Auction. Buyer numbers certainly seem strong, still, at open … More Real Estate Market Commentary OCTOBER 29TH
Well, it is interesting reading all the different publications and Auction recording outlets to see what the results were for the weekend just gone. I know that these agencies require agents to report their sales (on the most part) and report them correctly, this can be why there is some variation the data we look … More SYDNEY AUCTION RESULTS FEBRUARY 13
Market confidence in another rate cut is at a very low, currently tracking at 19% in favour of a rate cute. … More RBA commentary – Market confidence in another rate cut is very low, currently tracking at 19% in favour of a rate cut.
Well, common speculation was correct, the RBA has cut rates to a record low at 2% which may push mortgages into the 3’s? This may be due to a number of factors, namely the strength in the property market. However, it is not just people with Real Estate interests that are concerned with the speculation … More Ubiquitous Interest Rates Commentary
Avoid using an untrained gut instinct for picking an agent. … … More Tips: picking a Real Estate Agent.
Thomas Merriman 