Yes, I think 6mths out and the bite will really be on with bargins a plenty as is showing already.
Today is the 278 day I have been on the market to sell, and I've come back $50k on price.
I've been keeping an eye on the properties on the market in my area on the Shore. There has been a reasonable increase in the number of 'For Sale' signs staked out on property fronts, and oodles of Open Homes on the weekend. Occasionally a 'Sold' sign appears.
I go walking most evenings after work and cover the same 5 ks of my neighbourhood each day and it is interesting how much the landscape changes as far as properties being on the market is concerned.
It sure as hell beats wading through pages and pages of properties at this early stage as I'm really just trying to guage how the market is going. And I get some essential exercise as well...
You never know, I just might spot a bargain one day...
YOTT
\"Better to remain silent and thought a fool than to speak out and remove all doubt\"
I wish u luck David H and anyone else out there in this weak market, but be prepared for the pssible long haul. Today is day 281 for me and during that time Barfoot's had it for some 10 weeks with open homes most weekends....viewers, or should I say 'wall kickers' could be counted on one hand!
Yep, you can certainly say that in a buyers market, although the front house (same designer) sold for $760K and the 1 house site next door sold for $580K
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