Tag Archives: auctionclearancerates

Watch For Underquoting – Again!

propertunitybuyersagentsunderquotingsydney

The stats don’t lie. Auction clearance rates are down. There is more stock coming on to the market and days on market are stretching. Not exactly Doomsday, but certainly undergoing a correction with balance being restored to the Sydney housing market. I believe there will be at least only single digit growth and possibly double […]

State of the market Autumn 2017

Autumn update

State of the market Autumn 2017 SYDNEY, NEWCASTLE & NSW CENTRAL COAST: The Sydney boom continues as auction clearance rates exceed 80% on most weekends. The major factor we see playing out is the Supply V Demand equation. Last year in 2016, sales volumes were down by around 50% in most of the suburbs we […]

Auctions – Beginners Guide

bid-bid

A majority of the hot spots in Sydney are primarily auction based in their preferred method of sale. This isn’t a coincidence. The vendors that are selling their property most likely bought the property at auction and prepare to sell via the same method. There are 3 phases to a successfully marketed auction property. 1. […]

End of winter 2016 update

winter blog

Winter 2016, just passed has seen: • A softening rental market • A severe shortage of quality stock • Rising sales prices In relation to a softening rental market, some of the reason can be explained by the number of investors in the market buying properties to rent out. Normally investors are 30% of the […]