Over the past 6 months or so, I have noticed a significant change in the buyers' needs. They are busy with demanding work schedules and they do not want to do home improvements. They would rather purchase a home that is well maintained, even if it costs a bit more. They are very value conscious and have a keen eye for detail. They are also very abreast with property trends and prices in the area. We are dealing with well-informed buyers seeking value for money.
Due to a lowering of interest rates, together with the amazing property deals on offer, I think we should see the buyer volume improving in the near future. This is the time to buy and I do believe that the serious buyers know this and are taking action. Rentals are also picking up nicely, so hopefully an upward trend coming through here as well.
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