if i was a vendor

  1. 886 Posts.
    lightbulb Created with Sketch. 1
    and not under duress to sell, then I would refrain from entering the market.

    Interesting marketing ploy at Dinner Plain (Vic Alps) agent has removed all for sale signs - not one visible, initially presents on the surface a tightly held market segment.

    Have advised vendors not to list, unless desperate !!

    Perhaps the 4000 going to auction in Melbourne over next 4 weeks are desperate, moving interstate, upgrading, *hit scared of the negative press and commentary.

    Shades of 1989-1990 and a 10 cycle of subdued activity, hopefully not as dramatic.

    There will be opportunities, but where is the bottom, next week, next march-april who knows, good luck to those trying to predict.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.