Wednesday, March 31, 2010

Happy Easter

Wanted to wish one and all a Happy Easter and more importantly a great four day break!!

Most of the agents in our office are working on Easter Saturday opening homes for viewing. It is always a fun day people coming through open homes are relaxed and the holiday atmosphere pervades plus it is a great time to check out what the street is like during the holiday period. Maybe catch a glimpse of your future neighbours.

So if you find yourself at a loose end on Saturday - go and do some "window shopping" in the areas you love.

Have a great weekend !

You can now find me on

Monday, March 15, 2010

Changing Times

This little guy came to visit me at one of my Open to View Times last Saturday

I came across some interesting statistics the other day the average "days on market" in Brisbane has come down quite a lot since the last time I checked the figures in late January.

Some areas have seen a decrease of up to 40 days - what does this mean?

Simply that there are a lot of prospective buyers out there and not a lot of houses for sale. The houses that are on the market now are selling faster.

So if you are considering selling this is one of the questions your area Real Estate Specialist should know - they also need to be able to tell what their office average days on market figures are like. That will tell you how effective they are at doing thier job.

If you have any questions post them here in the comment section and I will reply to them as soon as I can.

Until next time


You can now find me on

Monday, March 8, 2010

Frogs and Figures

Yesterday I spent hours doing up my "market data" reports for homeowners who may be selling at some stage in the future.

There is a dearth of information out there and sometimes it is difficult to ascertain what is beneficial to include in these reports or just plain confusing and information overload.

I did come across two interesting statistics though.

The number of days on market in most areas seems to have dropped and yet the Brisbane average remains virtually unchanged. At present it is at 77 days.

Samford Valley has come down from 129 days to 97 and areas like Gaythorne have dropped to 54 from 61. Why? Well from what we have seen at out Open for Inspections there are a lot of buyers out there and not so many homes coming on to the market - so what is on the market is being looked at very carefully by a lot of prospective buyers.

The other interesting one was the number of people actively looking for homes as opposed to the number of homes being advertised. In some areas the number of people looking has tripled as correspondingly the number of homes being advertised for sale has dropped.

The reality is though the best time to sell your home is when you are ready. No matter what the interst rates are, what the demand is (except in a boom mining town for example) you will be selling and buying in the same market.

Until next time