James Buy Sell Market News with Off Markets every Monday
Occur at least two times a year – Labour Day to Easter and Footy Finals to Cup. It’s at and about the Ultra Top End, where agent led PR stories begin to appear in the papers, at the end of your phone and on social media with the view of creating some momentum selling (fair enough).
What else determines your price? Right now, maybe your number one influence on your market price is not in the home or the market but in your attitude, patience and flexibility.
Today’s Opening Market reinforced what many in the industry thought has been happening since Cup Day 2021 – the market is easing, as demand drops, as buyer urgency decreases.
However, 2022 is no different to any other year. It’s about good and bad outcomes, from good and bad decisions and decisions start with the fundamental 3P’s and a good or bad process around 3 key questions.
The market right now feels not so much volatile, but capricious.
For those who can’t be bothered googling – volatile is all over the place but with a probable negative ending, whereas capricious means equally unpredictable however no ending bias towards the negative or positive.
For some of us balance is on a knifes edge, atop a mountain ridge, a high wire act – for others our balance can be on a wide platform, a valley floor, with a large safety net. The difference is clarity of purpose and a supple mind.
October the Clearance Rates were in the 90’s. December they are in the 60’s. Market change.
October the Clearance Rates were in the 90’s. December they are in the 60’s. Market change.
