Blog

February 09, 2017

Forde Property Luxury market roundup!

Good consistency throughout the year and the flurry of buyer activity in the last quarter meant 2016 was very successful for so many of my clients. Together we continue to build stronger relationships, encourage more qualified buyer enquiry and achieve more successful sales, with fewer days on market.

The Reserve Bank of Australia (RBA) met Tuesday in its first meeting for 2017 and has elected to keep the official cash rate on hold at 1.5 per cent yet again.

This hold decision from the RBA was widely anticipated, especially considering the strength in the housing market over the second half of 2016 as well as the consistent rise in investment activity since the latest round of rate cuts in May and August last year.

On a local level, inquiry from investors and owner occupiers are both active, plus the spinoff from the strong response and growth from the Brisbane, Sydney and Melbourne markets certainly have a positive impact that continues to drop more cash into everyone’s favorite spot – Noosa! This is further enhanced by strong promotional advertising and target marketing of our properties to these ‘southern’ buyers that consider them great value in comparison!

Progressing into 2017 we certainly have a shortage of good quality stock!

Buyer demand is still high, inquiry and property prices remain strong and the appetite and feedback of buyers is one of confidence.

If you have a property to sell, then we are here to help! Do we offer constant updates, buyer activity reports, same day inspection updates and real feedback from the mouths of real qualified buyers? Without this knowledge, how can you make an accurate and informed decision about where your property sits in the marketplace?

So, if you’re thinking of selling, feel free to contact me for a chat.

Absolute business transparency with dedication, drive and proven results.

Andrew Johnson

0433 237 104

Luxury Sales Manager