What are you waiting for?First home in Brisbane springwood area. Should I wait ?
Well if you wait another 10 years and look back you will be able to tell exactly.Is this a good time to buy?
Thanks Guys. It is really helping. Had made an offer 380000 to a house on springwood yesterday. but other guy over bid me by 390000. House is only 2 days on the market. I called LJ Hooker they say owner wants a backup contract???
Should I keep looking or sign a backup contract? I am not really want to top on the price. But kind of like that house..
In my small investing area there seems to be more listings, for sale signs for rent-lease but i have not seen a "Sold" sign in a while,not that means anything ,, try find someone that is desperate and the property has been on the market for over six months through several agents they are the ones too target not something that has just hit the markets,don't let the german car driving "RE" play you,ask yourself one question if the property you made a offer on just and they want a backup contract then you may well find yours is the only contract..good luck willair..,,Seems a lot of people selling their house now, and want it gone quick. Does that indicators price drop? Also our Government is keep cutting immigration number in coming future. interest rate still going up.
Am i just thinking too much or all this is indicate the market is going to drop???
Are you saying that anecdotally? Or is it just a 'feeling' you have? Really you have to have the hard numbers on listing now Vs listings now in any other year.Seems a lot of people selling their house now,
Well I guess once a vendor decides to sell, most of them want it done quick. This is something that the numbers cannot tell you, although you could possibly see a desperation factor in the 'level of discounting' numbers available.and want it gone quick.
Prices drop when supply exceeds demand. But just having more stock on the market, as a factor on its own, is not an indication that prices are about to drop - no.Does that indicators price drop?
Yes, perhaps. But bear in mind we are under-building an awful lot of homes and have done for many years. According to the HIA, it is something like 50,000 homes pa short. Although most of this (35,000) is in NSW not Qld where you are looking.Also our Government is keep cutting immigration number in coming future.
Just reverting to trend. And with the exception of the depths of the GFC, still the lowest IR settings in years.....interest rate still going up.
Yes. And the thinking you are doing is not well researched.Am i just thinking too much .....