Tuesday, May 17, 2011

Australian Pundits Hoping to make Knifecatchers out of Sidelined Buyers

Should I make a meta-post about a meta-article? Why the heck not. It's not all right to discuss falling real estate in polite company so we shall discuss the discussion of the buyer's market discussion.

Some good stats buried in the article, nevertheless.

Soft is pundits' new hard-sell
In summary: Clearance rates are down
Melbourne is in massive oversupply
If you are a buyer, act like you are in control of the transaction
Money is going overseas to where the markets aren't so insane.

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