Ah the spring time, young blossoms emerging from the trees, that warm wind that tells you winter is finally over and its time to buy your dream home. Real estate agents in the Eastern Suburbs have noted a cyclical change in the number of homes for sale as well as the the selling prices at different times of the year, with a definite increase during spring time and a slight dip in cooler autumn and winter months.
Perhaps spring brings a sense of hope along with the warm weather?
With an impending interest rake hike looming, this spring is set to witness an influx of properties for sale. Elliott Placks of Ray White Double Bay advises that this season would be a great opppurtunity for people still looking to sell their homes in the ‘boom’ period…He went to on to say that they are expecting at least a 30 perecent increase in sales volume, most notably for homes in the $1 to $2 million price range.
Sellers confidence is being spurred by great demand with people continuously achieving their asking prices and in some cases even more.
Does the massive demand put buyers at a disadvantage? To answer this question there is a saying in the real estate industry, “The best time to buy a property was 20 years ago, the second best time is now.”
November proved to be a standout month for the Ray White Double Bay Property Management team, with a series of impressive leasing results across Sydney. From record-breaking prices to swift off-market leases, our team once again demonstrated the expertise and commitment that sets us apart. Strong Results Across Key Locations … Read more
“Last Thursday night (30/10), I was made aware of an offensive anti-Semitic social media comment made by Andrew Dimashki before he joined the Ray White Group. The language used was completely unacceptable. Discrimination or vilification of any kind has no place within our network or the broader community. We … Read more