Buyers Advocate Melbourne

Actively being discussed is the ‘cashing out’ by baby boomers at exactly the same time.

My thoughts have been that suburban homes are really going to come under pressure over the next decade. It’s why we are big believers of the inner city market but not much further out.

Another interesting perspective is here

Over the past few weeks we’ve noticed a surge of enquiry for buying.

As people are noticing the better value,  this seems to have created this demand we were not quite expecting.

It seems many are trying to capitalise on the markets uncertainty by avoiding the competitive market of 12 months ago.

We cannot see a surge in prices and this is good news.  It means that you can now afford to be hyper selective out in the market, without the fear of prices increasing if you choose to look ‘a few over’.

In terms of Ethics and Honesty,  it seems Real Estate Agents are not improving in public perception.

I’m always a little cautious about polls,  however the latest release by Roy Morgan puts Real Estate Agents at a trust rate of 3% down from 7%.

That’s not a lot of trust out there!

Car Salesman pipped Agents as the worse at 2% while Nurses performed best at 90%.

Certainly Real Estate gets a bad wrap.   Much needs to be done to gain the publics trust.

Transparency with pricing is probably a good start…