The roller coaster ride of real estate continues to amaze buyers, sellers and agents alike! With Easter fast approaching, it’s hard to believe that April is just around the corner. We’re now moving into the peak selling period, however, a low percentage of homes on the market shows a lack of confidence is still out there.
There is good news though as other states start improving, historically the ripple effect usually ambles up to Queensland. With these indications, we sit and wait as patience is the key word for all! If you’re considering up or down sizing in this market then it really doesn’t matter when you sell!
We have over 13,500 homes in the 4017 postcode and there’s currently 252 properties listed for sale/auction (sourced realestate.com.au). The percentage ratio per 100 is widening and buyers, sellers and agents alike are eagerly waiting for the market to shift.
Current indications show that listings are selling quicker than previously, and multi offers are coming through, so we do have a many happy clients.
Realistic list prices put SOLD signs on homes; the last thing that anybody wants is a home that sits on the market for a lengthy time.
Our industry is evolving with major changes that will affect consumers. Deregulation is on the horizon, the current Property and Motor Dealers Act (PAMDA) is being split into four bills, the Queensland Government Property Law Review Paper - Sellers Disclosure is under review, amendments to the Privacy Act were introduced on 12 March 2014 and the Credit Act and the Queensland Water Act were amended, and there’s still more to come!
The future of real estate is exciting with so many changes, new technology and social media, but there is one thing that will never change and that is people. Every one of us has a story to tell and we are very lucky and privileged to be a part of yours.
If you would like some guidance on preparing your home for sale, please don’t hesitate to call either Gai, Dianne or John on 3269 1555. We’re here to help!
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