As we come to the end of an eventful year the old Boy Scout creed has never been more relevant.
The post lock-down real estate glow continues in WA, with a shortage of housing stock, population pressure, cheap money and a gobsmacking rental shortage.
The WA government’s conservative line on our border management has kept the wheels of commerce, for the most part, turning. And their continued observance on this front will give Western Australians the confidence to make decisions about their future.
The last quarter’s housing data is yet to be released but is bound to show price growth, again. These are indeed interesting times. House price growth, without significant investor activity is unusual, for it is usually investor buying that drives real price growth.
While money is cheap, rents are going up and with price growth being realised, it may be that Mum and Dad investors are not far from entering the market.
With all this in mind, it pays to be prepared.
It is critical to be ready for the inevitable post-Christmas selling surge, as the holidays finish and houses are snapped up, as buyers become active again.
Now is the time to discuss selling your house.
To bed down a strategy.
To confirm your pricing.
And to set your timeline for the New Year.
If you would like a confidential discussion in regards to the market place and your home, contact me now on 9361 93 53 to book an appointment time in the run up to Christmas.
Derek Baston.
