A storm in a teacup?

With Ferris Gold

Autumn on the coast is like clear sunny mornings, windless walks, jumpers and jackets and long weekends.

Autumn is my favourite time of year; however, winter is just around the corner, and many may wish to stop its approach; the winter brings big swell, the smell of fireplaces, and snow holidays.

Historically, the real estate market slows down a little after the summer hype; however, 2022 seems to be shaping up slightly differently, with a bumper summer, record sale numbers on and off the market and, of course, records smashed across most sectors.

We are seeing a slight increase in available properties for sale; however, is the market calming?

It’s a great question that if you watch the idiot box, you may believe the world is coming to an end; however, results speak for themselves, don’t they?

Record sales are still very much a reality. Grossman’s Ridge Bellbrae recently saw a new record set at just shy of $1.5m; 40 Corsair Way, Torquay, also set a new record for the surroundings; it is not all doom and gloom, not at all!

I feel a point to note, and one I think is crucial if you are thinking of selling in a calming market.

Make sure you and your agent of choice position your property correctly. The promise of a price to secure you as a client can be catastrophic for the end result; the market will always determine the value, and the perception of value decreases each day your property sits on the market.
Our senior salespeople have weathered many storms of the coastal markets.

Using an experienced agent like Ferris Gold, you can calm the storm, understand the market and still achieve the highest possible price in the shortest period. If that’s your cup of tea.

For expert advice and an honest opinion, call Ferris Gold.

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