Happy new year, happy new real estate market

Happy New Year! So here we are in 2010 – a new year and a new decade. I hope you have recovered from your festive celebrations, or if they're still going, I have to say I am mighty envious. Having a coffee cup in my hand at this time of day certainly doesn't cut the mustard the way my early afternoon vino's did, I have to say. But I should talk property! And on that note, as the dust settles from 2009's volatile real estate market, it's time to look ahead and make the most of the improving market conditions.

In the real estate game, many people have been asking what the year will bring and of course, no real estate agent knows for sure. However, at Century 21, we do pride ourselves on being your local expert, so I like to think we can make some reasonable assumptions.

Currently the property market for the most part is still relatively quiet due to the Christmas holidays. It's true that real estate gets slower around this time, and that's understandable when you consider how many people skip town during the festive season. Real estate agents have still been incredibly busy however, and there are certainly people trying to buy at the moment, so the interest is there, and that's why I'm confident the real estate market will continue to improve as this year goes on.

So as far as real estate goes, I'm expecting to see significant increases in property value in 2010, which means getting into the market as early as possible in this new year is a smart move. We have seen strong rental demand continue around the country for lengthy periods now, and I think it's fair to say that this trend will also continue. All in all, I believe the real estate market is looking positive this year and I am anticipating that all of our Century 21 real estate agents will be run off their feet very soon if they aren't already. Pop in to see your local expert and discuss real estate opportunities in your area. It's the perfect time!


Disclaimer: The opinions posted within this blog are those of the writer and do not necessarily reflect the views of CENTURY 21 Australia, others employed by CENTURY 21 Australia or the organisations with which the network is affiliated. The author takes full responsibility for his opinions and does not hold CENTURY 21 or any third party responsible for anything in the posted content. The author freely admits that his views may not be the same as those of his colleagues, or third parties associated with the CENTURY 21 Australia network.