Post a Comment On: Brisbane Apartment

"After a number of years of buyers being firmly in control, here's two telltales for us that we have a market on a new, more balanced playing field:

Buyers are calling us back. We know we're real estate salespeople and shouldn't be surprised when some people don't want to talk to us! But it's been a little lonely in recent years... Now the calls are returned, buyers keen to hear what 'freshies' we might have coming up for them.

The second reason? In the past fortnight I've had 3 real estate agents contact me chasing investments for themselves. Like a Charleville grazier can smell the coming rains, these agents get a sense when the market's on the turn.

It's not all one-sided. Despite the competition we've still seen some price sensitivity from buyers. They're well-informed and most are not yet rushed to pay over the odds. They recognise there's a shortage of listings across many inner city markets and prices, but many are still okay to bide their time. There's more balance but it's too early to say it's a sellers market.

With that said, if you've been holding off selling I haven't seen a market as good as this since 2004.  Many are hoping it will continue 'gaining momentum' and those 'green shoots' will sprout into price growth to make Jack’s beanstalk look tiny."
From Bees Nees.
It seems that houses are selling much faster than apartments in Brisbane at present.