WHAT are buyers looking for?
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.
We look forward to assisting you with your valuation, house sale and rental!
Author: Gaye Cawood