27 Jan 2015 By: Greg Hocking 0 Comment
It’s a new year and sellers are moving fast to prepare their property for sale with listing numbers growing every day.
Many economists have suggested another drop in interest rates is on the cards, with Westpac Chief Economist Bill Evans calling for a rate cut in February. A drop in what are already record low rates is likely to bring buyers into the market very quickly.
The buoyant market conditions we experienced last spring and summer are expected to get the market off to a solid start. Buyer demand is tipped to be strong throughout Feb and March, helped by the fact that the first quarter is compressed by an early Easter this year.
Auctions will continue to play a starring role, especially on the back of last year’s 40,000 auctions broke all records.
Here at Greg Hocking, we’re bringing our unbeatable experience and first-class sales results to even more of Melbourne this year, with our brand new offices in Werribee and Tarneit opening their doors in January.
Led by David Lawson, one of the area’s most experienced and accomplished property professionals, the team at Greg Hocking Lawson offer the full range of property services in Melbourne’s west.
Here’s to a great property year.