Tuesday, March 6, 2012

House prices near bottom!! Home buyers beware.

We have seen increased buyer activity with double the number of sales for the previous three months over those achieved in the previous six months. Translated that's 100% increase in sales. Reports of increasing sales are coming in from all over Australian.

The shrewd buyers of recent months are being joined by some astute operators who know the share market will continue to languish for quite some time but houses have one direction in front, and that's more likely up. Probably not boom like increases but significant catch ups to the drops of the last two years and steady growth.

The rental market in our area is perhaps the best in the country with 6% yields common, that is better than bank interest on offer. Building has been subdued and land supply is short.

The ingredients are right, the time is right and remember opportunity rarely knocks twice. We have some fabulous homes available at very realistic prices, call now before its too late.http://www.daviddeane.com.au/

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