by Marshall Cobb - Principal
Lots of data out this week showing that the Government measures to curb lending and foreign sales has worked, and we are right in the middle of "the soft landing that we had to have."
So with more stock on the market and less sales - should you be worried?
Well, if you are already a home owner, then do not fear - the market has never fallen below a previous low, and has always risen to a new high over the long term. And if you are buying and selling in the same market (at the same time), you should have a zero-sum effect as you will sell at a lower price, but also buy at a lower price, thereby cancelling out any serious long term impact.
But if you are a first home buyer or investor, it's like going to JB-Hi Fi where everything is on sale! If this is you - now is the perfect time to be doing your research and negotiating your way into a great deal.
Let us help you to secure a terrific deal on a new Sydney property. Our projects are all listed below, and there are more on the way.