Episode Details
Back to EpisodesEP. 1541 TOO MUCH PROPERTY HITTING YOUR LOCAL MARKET??
Description
๐ Is stock flooding your local property market? Hereโs how to track it โ and what it means.
Real estate agents โ we watch alarm bells in the market, and one of the biggest? ๐ Stock levels.
This week we spotted a sudden jump in listings โ 28 new properties overnight in the Northern Beaches. Whatโs going on? ๐คฏ
๐ก Hereโs the trick: use the map view on REA to get real-time stock numbers in your region. Essential for spotting trends early.
๐ Buyers, sellers โ this matters. More listings could mean more choice... but also more competition. Add in 5% deposit schemes and potential rate cuts ๐ and things are heating up fast.
๐ฅ Thinking of making a move? Best advice: transact in the same market to hedge against sudden value shifts.
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