Spring Is Not Best
Hotspotting
English - August 28, 2023 05:44 - 4 minutes - 11 MBInvesting Business Society & Culture Places & Travel hotspotting propertyinvesting propertyinvestment firsthomebuyer smsfpropertyinvestment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Regional Victoria
Every year around August, real estate agents and news media start chattering about the upcoming “Spring selling season”. The general theme is that this is the best time to sell, because flowers will be blooming and there will be optimism in the air as temperatures rise. But the same people who proclaim this to be the best time for vendors, also declare that this is the best time to buy. By definition, it cannot be both. If it’s a sellers’ market, it’s difficult to argue credibly that it’s a buyers’ market at the same time. Such is the nature of hype and hyperbole in the residential property industry. The truth is that there is no best season is which to sell or buy real estate.