I have been looking for 2 br appt in the inner west over the last few months.
What I have noticed is that there seems to be little stock on the market. Whatever comes up seems to be snapped up quickly (unless it is overpriced).
I'm getting the feeling that the market is 'hotting up' to the point where the last wave of (usually desperate) buyers comes to mark the peak of the market.
I'm not saying it's going to crash, as it probably as some momentum to go further, but it seems a bit weird.
Is it what other people who are are observing?
What I have noticed is that there seems to be little stock on the market. Whatever comes up seems to be snapped up quickly (unless it is overpriced).
I'm getting the feeling that the market is 'hotting up' to the point where the last wave of (usually desperate) buyers comes to mark the peak of the market.
I'm not saying it's going to crash, as it probably as some momentum to go further, but it seems a bit weird.
Is it what other people who are are observing?