What 140 groups on Saturday told me…
If you’ve been wondering where all the new listings have been lately… so have the buyers. The past five or six weeks have been about as quiet as winter usually gets in Stonnington. Plenty of buyers have been refreshing REA and Domain like they’re…
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State of the Market
The market is quieter. That doesn’t mean it’s stopped. After a short break from my market updates (no, it wasn’t a sabbatical in Europe), I thought it was worth sharing what we’re seeing on the ground. There’s no doubt conditions…
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Timing the Market
Every year I speak to buyers who tell me they’re going to wait. Wait for more certainty. Wait for prices to come back. Wait until spring. Wait until after the next interest rate decision. Wait until after the election. Wait…
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A More Selective Market
After a very busy March, the market has clearly shifted gears a little over the past few weeks. There’s a lot going on. War. Inflation. Tax reform. For some people, buying and selling has understandably fallen down the priority list.…
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Should You Wait for Prices to Rise?
One of the most common things I hear from homeowners is this: “We’ll probably sell once the market improves.” Reasonable thought. The problem is that timing property markets is far harder than it sounds. Many owners spend years waiting for…
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Why It’s So Hard to Find the Right Home
I’ve been looking for a home for about eight months now, and I haven’t seen a single property where I thought, “this is the one.” It’s surprisingly hard to find a good home. Granted, I’m looking in half of one…
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David Sciola 