Sometimes we just want to wait until the time is right to do something. Sometimes we just keep waiting. And waiting. And waiting... as though we are waiting for all the planets to be aligned before we can take action.
With buying property, there's lots that you can wait for... waiting for the job promotion, pay rise, saving your deposit, change in market conditions, economy, interest rates - lots of things. But the facts are that while you're waiting you can be missing opportunities.
The property experts are saying that it's a buyer's market, especially in Sydney and Brisbane. There's population growth and high employment, both of which create a demand, but there's even more on the supply side of the equation - homes and apartments for sale that aren't moving too fast, so prices are negotiable.
SMH reports that properties on the market has doubled compared to the same time last year. Cameron Kusher, research analyst from RP Data claims that the current vendor discounting trend signals that it's a good time to buy.
So this weekend, get out, get amongst it, go see those Open Houses - or if you value your weekends too much to be pounding the pavement, find a buyers agent (or contact us for a recommendation), and get buying!
Happy house hunting! Call us if we can help. 9212 2275
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