The highly anticipated status quo of this week’s cash rate decision won’t stop market momentum heading into Spring, according to Brian White- chairman of the Ray White Group.
“Spring is the season of hope. Traditionally, sales volumes measure up to 15 per cent over the levels of the preceding Autumn/Winter months.”
“As a company we’re seeing steadily improving monthly results in post-GFC years, and most property data providers are reporting fabulous auction clearance rates and improved home values across the board.”
“These are all wonderful signs for our market nationally.”
Ray White Maroochydore Principal Dan Sowden reiterates the positive influence this will have on the local market at large.
“We are noting a considerable reduction of new property to the market, some owners are now deciding to hold their real estate as affordability increases due to softening interest rates.”
“Spring often is the best period to buy property on the coast, often a good selection is offered.”
“Our long term position is that availability of stock will reduce towards the back end of 2012, so buyers should act with confidence today.”
Opinion piece – Dan Sowden | Ray White Maroochydore Principal & Chief Auctioneer As they say, “Patience is a virtue” and there is no exception when it comes to selling your home. And while it’s no secret the current strength of the market means homes are selling faster than we … Read more
67 Mount Eerwah Road, Eerwah Vale Sold by Natalie Tink for $950,000 on 29 January 2021 When agent Natalie Tink listed the eclectic rural property at 67 Mount Eerwah Road, Eerwah Vale, she knew the interest would be high, what she didn’t realise was just how high and how … Read more