It usually takes a while longer for the media and others to see what is happening in the market place. But realistically it only took a month this time around. Owner occupiers, upgraders, second home buyers, call them what you will, are flooding back to the market place. And there is not enough stock. The […]
After another weekend of hearing clearance rates are good, not so good and woeful by different media outlets, it is time to have a think about what is really happening. The REIV has said the clearance rate is 61% from 532 Auctions. 327 of these sold at or directly after auction or before the auction […]
For the third time this year we have seen weekly sales of property in the Melbourne metropolitan area exceed 1000 as reported by the REIV. It is now very obvious to all the professional Real Estate agents that the owner occupiers are re-entering the market place. The vast majority of our enquiry now is the […]
