TRADING UP

Home owners are taking this opportunity of a flat market to trade up.

Such a good idea especially if you have been in your home for 10 years plus.  Although you wont get the top dollar you would have in 2007 you still will be reaping the benefit of trading up in your home.

Many of my clients also have taken advantage of renovating instead of upgrading because if their home can be made to fit their latest requirements it makes a lot of sense (not good for us but it's not about us is it?)

The section of the market that is going along really nicely is the $2 million plus homes which have been significantly reduced in recent months offering exceptional homes for a reasonable price.

Also what is being very popular at the moment is homes on large blocks, the homes may not necessarily be wonderful but people are looking to build on those in the near future.
With R codes changing and the Government wanting higher density the large block will become a rare breed in the future.

I just wonder how bigger a home people need with the energy costs the way they are it takes a lot for the up keep of these larger homes - just a thought !

MAKE YOUR OWN DECISIONS AND GIVE IT A REAL GO !!