WHY SELL NOW ?
And so this is Christmas . Another year is over . It ’ s hard not to become reflective at the end of the year , to take the opportunity to review the year that was ; the ups and the downs .
While it ’ s easy to fixate sometimes on the negatives , it ’ s important to remember the reality of the real estate market we find ourselves in . Now that we ’ re in a more balanced market , it ’ s clearer to see just how phenomenal 2021 was , but it was a market that was far too fast paced for many buyers to be able to participate .
With continued media coverage about what interest rates might do next , you could be forgiven for thinking there were no buyers ; however , our Loan Market preapproval figures are showing an all-time high number of applications in the system . The buyers , it would seem , are very much still in the market .
The summer holiday period provides some much needed rest for so many of us , but the break from the rat race also provides the opportunity to think , dream and plan what the next move might be . Many real estate plans are hatched across the lazy days of summer . Life gets reviewed , change of career , change of city , time to upsize , time to downsize .
While traditionally we see a dip in real estate listings over the Christmas to New Year week , this year may be different . Many of the real estate portals are advertising high traffic numbers as holiday makers have time to browse for their next dream home while the demands of work take a back seat . New listing numbers are down against this time last year , meaning there will be more buyers per property than at this time last year . Perhaps launching your property to market during the festive season may be the best way to bring in the new year !
Bianca Denham Head of Performance and Recognition Ray White Group
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