Posts by Cate Bakos
What happens if the hammer falls before your bid is received?
It’s an important question, and one that no bidder really wants to test. Occasionally, we witness this, but rarely has it happened when I’ve held the final bid. Yesterday, however was an interesting day for the attendees at the auction of this property in Geelong West. Standing in the crowd were our clients, three other…
Read More‘Buyers have choice’: Melbourne house prices fall for the first time since 2020 – WA Today
What is the market *really* doing?
Amidst doom and gloom media stories, speculation about interest rate increases weakening our market, and a general feeling of malaise for about the outlook for our local property market, the market continues to challenge such claims. Even on a public holiday long weekend, (which has followed a previous school holiday long weekend) our auction clearance…
Read MoreHouse versus wedding: the conundrum many Australians are facing – Domain
How to bid at auction in a cooling market – The Sydney Morning Herald
Why are investors rushing back?
We’re all hearing news of interest rate rises… and speculation about capital growth contraction. But we do have to wade through headlines and negative news stories in order to see what is really happening. COVID challenged every forecast and every lending economist’s predictions, and our selection criteria for property altered somewhat also. Some of these…
Read MoreInvestors return as rents soar up to 20pc – AFR
The surprise risk for first home buyers with low deposits – Finder
Housing prices drop in nearly 40% of Sydney suburbs – MPA
Almost half of Melbourne suburbs also saw a drop
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