Sell your property privately through Privatepoint the private real estate sale, for sale by owner ( FSBO ), DIY sales private property website.
Bad news for private real estate for sale by owner sellers as the prices of real estate in Australia won’t be increasing in the near future, even if the RBA reduce interest rates over the coming months. Rather, residential property prices of real estate are set to fall in the coming 12 months as the real estate and property market embraces itself for a turbulent period. Below are some reasons why….
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Privatepoint is the for sale by owner ( FSBO ) and DIY real estate selling website for private real estate sales in Australia.
I spent a few days last week working in Brisbane and was able to spend a bit of time around the Gold Coast, Hope Island and then up to Maroochydore. Although property prices have reduced from what they were 12 months ago the reduction in this area of Australia has been far less than anywhere else.
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22.09.08 // Posted in Financial & Legal, News & Media // 8 Comments »
Tags: (FSBO), DIY sell, for sale by owner, no agent sales, no commission sale, Private Real Estate Sales, private sell, private selling, private selling real estate, property prices, South East Queensland
Property prices in suburbs located on the fringe of capital cities are decreasing much faster than those suburbs closer to the CBD’s or public transport. Due to rising petrol prices the cost of getting from these isolated suburbs to work is now eating away at these household budgets.
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We are in the midst of a very peculiar time in the property market across Australia, something which hasn’t been experienced for almost 15 years and for a lot of young property owners and investors, a situation that they have never seen before. We have an over supply or properties on the market across Australia and only a small percentage of potential buyers, making it extremely hard for property owners to sell their property quickly for the price they are after.
In this article I am going to discuss the reasons which have led to the over supply of property and in the coming weeks I will write about some alternative selling methods for property owners to over come this hurdle and help sell their property in a competitive market.
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