Rates are tipped to drop and buyer demand is set to surge – Are you ready?

Rates are tipped to drop and buyer demand is set to surge – Are you ready?

2 Feb 2015 By: Bruce Warburton 0 Comment

There’s a groundswell of discussion from in-the-know economic analysts and leading banking figures who are predicting that interest rates will drop in February or March.

Interest rates are at record lows, with some lenders currently offering rates as low as 3.99 per cent. When the next rate cut comes through, buyers who have been biding their time or sitting on the fence, will swing into action.

That’s great news for sellers in the first quarter of 2015. An upsurge in buyer demand helps drive competition and competition amongst buyers is the key ingredient for a successful sales campaign.

With that in mind, now is the time to prepare your property for sale.

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