Ask an Agent - Brisbane's Southside - DEC 2010 Declining House Prices
Hi All,
I have been on Local voices for about 9 months and have only just discovered this forum! WOW!
If anyone has questions on our market conditions in Holland Park and surrounding suburbs I would be happy to help.
To get things started....
A lot of people have said to me over the last 3-6 months "I think I will wait and see what the market does." Certainly a lot has changed in 6 months in real estate. In any changing market I see winners and losers. The WINNERS have been BUYERS who have delayed and put off buying. Now there are more houses to choose from and they are going around $30,000 cheaper than 6 months ago. The LOSERS have been SELLERS who have delayed selling. I personally know of Investors who have said NO to offers of $730,000 6 months ago, and now cannot get offers of $700,000.
I speak to many Buyers and Investors who are now feeling they are getting a genuine bargain. What are your thoughts? Where have you found good value?
I have also spoken with many who are upgrading who see that our current market conditions are idea for an upgrade? UPGRADERS can be WINNERS if they buy & sell correctly. Have you had success with an upgrade recently? How did it go for you?
Steve
I have been on Local voices for about 9 months and have only just discovered this forum! WOW!
If anyone has questions on our market conditions in Holland Park and surrounding suburbs I would be happy to help.
To get things started....
A lot of people have said to me over the last 3-6 months "I think I will wait and see what the market does." Certainly a lot has changed in 6 months in real estate. In any changing market I see winners and losers. The WINNERS have been BUYERS who have delayed and put off buying. Now there are more houses to choose from and they are going around $30,000 cheaper than 6 months ago. The LOSERS have been SELLERS who have delayed selling. I personally know of Investors who have said NO to offers of $730,000 6 months ago, and now cannot get offers of $700,000.
I speak to many Buyers and Investors who are now feeling they are getting a genuine bargain. What are your thoughts? Where have you found good value?
I have also spoken with many who are upgrading who see that our current market conditions are idea for an upgrade? UPGRADERS can be WINNERS if they buy & sell correctly. Have you had success with an upgrade recently? How did it go for you?
Steve
The opinions expressed here are those of the individual and not those of Homely.com.au.
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