Real Estate doesn't Hibernate

Welcome to our Mother’s Day edition of ‘Keeping in Touch’. We would like to take this opportunity to wish every mum out there the very best for Sunday and we hope that everyone gets to enjoy the day with special people.

From the Desk of Mark Watkins

It was interesting to hear, just recently, a prominent member of the Real Estate Institute speak about how the volume of sales is expected to drop due to the colder months. This may traditionally be the case in suburban Adelaide but it prompted me to revisit the sales history within the corridors of our own office and area. The result was that there is no blindingly obvious time of year where sales were higher in number than others. In fact it shows that cooler months are slightly more productive.

It is not difficult to work out why. Unlike suburban properties, where there is minimal variance in how they look during opposing seasons, hills properties are more attractive when paddocks are green and dams are full, as opposed to summer where dry, brown soil and empty dams don’t usually appeal. Therefore, there are more properties on the market in the hills in winter, which creates more buyer interest and, in turn, more sales.

Think about this for a minute. Imagine a retail store, a supermarket or any shop, if they had no stock, no buyers would go there. It is no different in real estate – plenty of good properties attracts plenty of buyers. We have listed a number of new properties yet to be released. The influx of new buyers this will create, in addition to our registered buyers in waiting collected by our 3 offices, may pose an insightful question to you. Would a great buyer for your property at this time of year suit you?

What plans do you have? What is the market about to do? And how will it affect you?

If you would like to know, or want to ask us a question, we would love to answer it and understand your position.

Community Notice Board

Our Community Notice Board continues to grow and we have several new events in this issue. Please check out our Community Notice Board and if you would like to be included into a regular spot, or have a one-off event that you would like to have promoted, then please send an email with a flyer or link to a website or similar, to:- mike@cepropertygroup.com.au

 

Mark Watkins
Director / Sales Manager

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2017 buying knowledge selling winter
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Real Estate doesn't Hibernate