Despite predictions from self-proclaimed property experts about the negative impact of COVID on the Australian property markets, the opposite has eventuated and we have never been busier. So, what is going on? Let’s take a look.
There are two … Read the full post »
The last two weeks since Melbourne was released from the “ring of steel” has been the busiest two weeks I can remember from a real estate perspective.
It is a combination of elements that are driving this, some are psychological and some are a product … Read the full post »
This week we saw a classic example of why it is important to take extreme economic predictions with a grain of salt.
In May, Commonwealth Bank CEO Matt Comyn came out with the statement that there was a possibility of the housing market falling by up to 32%. This week he reports that the bank now sees it falling just 6% from … Read the full post »
One of the most challenging things to cope with in times of disruption is the potential for negative story lines to dominate our headspace. It often starts by a series of challenging events, sometimes only small in nature, linking together and we tell ourselves that this is our new normal – and it’s all bad. When left unchallenged this negative storyline can involuntarily … Read the full post »
As restrictions start to ease from the pandemic in Australia, with metropolitan Melbourne being the last major battlefield, many are wondering what the property market will look like post COVID and whether it’s a good time or not to make a real estate move. Let’s try and find some clues to understand what’s likely to happen.
The effect on economies around the … Read the full post »
We believe this Spring will present a unique opportunity for property owners who are looking to move.
If we look back to early June, when restrictions eased from the first lockdown period, we were staggered by the high level of buyer enquiries. We then proceeded to have the biggest June and July in the history of our company.
This was all caused by people … Read the full post »
For many at present it is a time of anxiety and uncertainty. Even if you are not directly affected, just glancing at the headlines each day is enough to be concerned about how this will all play out.
In times like these it really helps to have a strategy to deal with these negative emotions.
Over the past 16 years running our business, … Read the full post »
How has your town’s values performed over the past financial year?
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Although the COVID 19 pandemic has been concerning, there will be many future benefits from new behaviours that have occurred, through necessity, because of the pandemic.
The obvious one is the way many of us will work and interact with both colleagues and clients in the future. The Zoom phenomenon of meeting by video link is a game changer that has become … Read the full post »
Asset markets, such as property markets and the share market, are fluctuating beasts that ebb and flow in their performance and results over time. The easiest way to understand why this occurs is to look at the herd instincts of the human psyche. Basically, everyone does what everyone else does. The amount of physical real estate or the numbers of total … Read the full post »