There’s always talk about what’s going on in the property market. It seems to be the favourite talk around the barbecue and dinner table. There’s speculation, forecasting, research and opinions.

So I’m going to join in on the talk because I’m excited about what I’m seeing.

After a long stretch of being firmly wedged in a seller’s market, the property market seems to be finally balancing out so that savvy buyers can buy well.

Last weekend the auction clearance rate in Sydney was 63% – down from a huge 77% last November. This trend has been evident for the last couple of months and seems to be steadying out – which is a great indicator that buyers are now having more negotiating power.

If you’re buying, hunt out the good ones. Do your research, come up with your bidding and negotiating strategy, know your limits, get your reports and get your finance ready. If you need a hand buying, I can refer you to an excellent buyer’s agent.

If you’re selling, you can still get a great result. You just need to put in a little more effort – make sure the house is in optimum condition to sell, make sure you have a great agent and that you’ve priced the property realistically.

As expected, the RBA held rates last week at 1.5%. If you haven’t re-financed in the last couple of years, you need to talk to me.

Give me a call to chat about your plans. I’m here to help as soon as you’re ready!