Autumn brings out buyers and sellers
Autumn is traditionally a busy time of year for the Australian property market. Many ...
Autumn is traditionally a busy time of year for the Australian property market.
Many sellers make the decision to sell over the summer holiday period, and by the time they get organised, sort their finances and choose an agent it is generally March, April or May by the time they get their property listed.
The same goes for buyers whose New Year's resolution is to buy a property, which explains the buyer interest LJ Hooker agents around the country have been experiencing in the early stages of autumn 2011.
This increase in listings is great news for buyers as there are more properties to choose from and sellers benefit with an increase in interest in their property. Buying or investing in property still remains at the top of many Australians' wish list for 2011.
Buyer and seller confidence has not stopped despite the difficult start to the year with the Queensland and Victorian floods and Cyclone Yasi.
Financial experts still say that 'bricks and mortar' is still one of Australians' most preferred investment options.
With rents increasing and a squeeze on vacancy rates, this means the desire to own their own property keeps getting stronger for more Australians.
People are more determined than ever to save a deposit to buy their first property or even buy an investment property.