Here is our Ku-ring-gai Property Update for Monday 23rd July 2018
Here is our Ku-ring-gai Property Update for Monday 23rd July 2018. An overall subdued week with stock levels remaining low and auction clearance rates a little stronger.
This week, we have commenced marketing a mortgagee in possession sale in West Pymble, something we have not seen in the market for some time. Despite a tightener lending market, interest rates are still low for a primary place of residence, overall economic conditions remain relatively positive and the circumstances of this sale are more complicated than a simple repossession (the home hasn't been lived in for many years). That would suggest this will be a one off rather than the start of further sales under bank intructions - at least on the Upper North Shore where owner occupiers still make up a vast majority of the market.
by Josh Luschwitz in Latest News
Share This Post
Archived Posts
- September 2021 (1)
- July 2021 (1)
- June 2021 (1)
- April 2021 (1)
- March 2021 (2)
- February 2021 (2)
- December 2020 (4)
- April 2019 (1)
- December 2018 (1)
- November 2018 (4)
- October 2018 (3)
- September 2018 (4)
- August 2018 (9)
- July 2018 (8)
- June 2018 (6)
- May 2018 (8)
- April 2018 (3)
- February 2017 (2)
- January 2017 (3)
- November 2016 (2)
- October 2016 (3)
- September 2016 (3)
- August 2016 (3)
- July 2016 (2)
- June 2016 (3)
- May 2016 (4)
- April 2016 (4)
- March 2016 (4)
- February 2016 (2)
- January 2016 (2)
- November 2015 (3)
- October 2015 (1)