05 Oct SPRING MARKET IS HOT!
Spring is practically a legendary time in real estate. It’s the time of the year when sellers and buyers alike come out of hibernation through wintertime. The warmer weather, lower interest rates, affordable housing prices and expiring government concessions, contributed to create a perfect storm for motivated buyers leading into the traditional Spring market.
Property market often warms with spring. An article in Real Estate View in late August indicated that spring is the season when we see more properties on the market, as well as an increase in open house attendances. In NSW, although research revealed a decline in the listings are down by 19% compared to July/August 2011, it does appear that more buyers are pounding the pavement earlier than expected this year. The same research also revealed auction clearance rates stronger by 18% as compared to the same period last year. More buyers and fewer homes for sale means astute vendors who list before September could find themselves entertaining multiple offers for their property.
Here at BG Property Styling, we are completing our home makeovers for sale, and have the pleasure of working with our owners in their new homes too!
If you need help prepping your home for sale, feel free to contact us. We’d be happy to help!