Where is the Market at RIGHT NOW?

The age old question, and even when we meet people in social circles, it seems to be the one question we are constantly asked. How’s the Market? Is it a good time to sell? How long are we in this cycle for? I think if we had $1 for every time we get asked this question, we’d be multi-millionaires! But put simply, it’s will always be a difficult question to answer. Obviously at a dinner party everyone just wants the view of someone they think is in the know – however these views often will contribute to how you make a decision about moving forward in property, and are not always the best ones for your current financial situation or emotional position. When is a good time to sell for one person, is not a great time to sell for another. Are you a homeowner upgrading or downsizing? Are you an investor trying to reduce debt? Have you have a recent change in circumstances and need to take some time off work, and need to financially reassess your property portfolio? Are you someone that just wants to sell when the next great opportunity comes along? Is there bank fees involved in changing mortgages? What would happen if I lease the property, is their capital gains tax implications if I sell now vs later? There is so many questions to be asked, and there are too many to list in just one article. What we can tell you is, as your local, knowledgeable & transparent real estate agents, we are here to help guide you through the questions you need answers to, in order to assess and decide if it’s the right time for you to Sell your property. Understanding the big picture is important for the both of us, when it comes to the decision to sell one of your most valuable assets. It is a process that needs time and commitment to ensure everyone achieves the best possible outcome for your long term future. If you would like to arrange a meeting to discuss a more detailed response to the question ‘Where the current Market is at’, and whether it’s the right time for you to sell your home, please contact us anytime on 9275 2945.