Newsletter Century 21 Time Is Running Out

Time is now running out for a buyers' market.
 
We've been saying for some time what a great market it is for buyers to get themselves an especially good deal.

"Doom and Gloom" always feed a depressed market!
 
The trouble is that buyers tend to sit on their hands and wait --- what for ??

Obviously until somebody else starts to take the risk first, no one wants to jump in first.
 
What we are saying now is: "DON'T WAIT ANY LONGER," or like the recession we've just gone through, the market will have sneaked up on you and turned very quickly.

 
All the positive signs are now with us, prices have been depressed in PORT DOUGLAS for over 3 years, we now have the lowest interest rates in 49 years, prices are no longer depressed in the capital cities and there are still plenty of properties on the market with willing vendors.
 
Things are starting to move, "The Age" reported last week that property sales hit BOOM levels in Melbourne with over 80% success rates occurring at auction sales and private sales have reached 13,150 year to date, only a few shy of the record set during the boom. Prices have bounced by 4% in the first 4 months of this year.
 
An agent in the Whitsundays confirmed their highest auction success rate for some years, last week.
 
Other leading indicators are the Stock Market, with many resource companies buoyed by activity occurring as their product is once again in demand by China, keeping in mind that many Asian countries have been little affected by any downturn. The sale of U.S. properties is once more on the rise after what was an absolute disaster in their property market.

In simple terms, markets are recovering and foremost will be the Property Market.
 
We're not saying it's going to boom and frankly we hope it doesn’t, but a steady growth over the next 2-3 years looks assured.
 
Here in PORT DOUGLAS we tend to follow behind the capital cities by a few months, so if you wish to increase or change your property portfolio get off  your hands now and strike while the iron is still hot--- the market will be firming up from here on in.

You can ask the experts at Century 21 Port Douglas for a complete list of properties with Bank Valuations well over the current asking price. That way you will be sure to know you are buying a bargain!!!

For more information on Best Property Buys in Port Douglas call 07 4099 4099.