Your Winter Market Update
So far, 2021 has been an exciting year for the real estate industry. The weather is getting colder, and the winter woollies are coming out, but does this mean the property market is cooling down too?
The seasonal slowdown is often predicted during the cooler months every year, but it doesn't deter serious buyers ready to make their next move. According to industry experts and our first-hand experience, the COVID-19 induced property boom is set to soar over the next few months. Compared to previous years, overwhelming buyer demand coinciding with high sale volumes point towards increasing prices to round off a busy winter season. According to pricefinder.com.au, August will be the peak selling season this year in Wynnum. For a complete overview of our market research, please click here.
The buyer market is currently in overdrive, with increasing house prices making buyers reconsider their options. Moving to the outer suburbs where the block sizes are more extensive and closer to the water doesn't sound like a bad idea after all. Thousands of interstate buyers want a fresh start, moving to some of the best and upcoming suburbs of the greater Brisbane region. With interest rates stable until 2024 and strong buyer demand, we expect a busy season ahead. Today's buyers are desperate to get their foot in the property market door while the time is right. We talk to buyers, and they mention they have made multiple offers and missed out by a hair's breadth.
Offering an insight into today's buyer market, their experience buying property and the competition they are facing, Gail has some great advice to make your buying experience easier.
Being recognised as Wynnum's number one Agent by 'Rate My Agent' three years in a row puts Gail in the top 5% of sales agents in Australia. Equipped with over 17 years of experience and industry knowledge, Gail's dedication, commitment, and a solid reputation for improving the real estate journey for many underwrite new benchmarks in industry knowledge, professionalism, and client experiences ensure you are in good hands throughout the whole process.
For more information about how we can achieve the best result for you, please contact Gail Gobey on 0439 584 111 or gail@sashandgable.com.au.
