Lifestyle and Design

Christmas Lunch Tastes Better When You Have Bought

By December 7, 2021 No Comments

Home auction action remains hot until Christmas.

Melbourne Cup Day usually heralds the end of the spring selling season, but top real estate agent Adrian Bo says this year is very different with on-site auctions thriving all the way to Saturday the 11thand 18th December.

Usually trying to sell your home in December is seen as a last resort but stymied by covid restrictions buyers remain ‘desperate’ to secure a home pre-Christmas before listings dry up again until late January.

Predicting two more weeks of bumper prices, Adrian Bo says given the even larger ‘opportunity cost’ of not landing a purchase, buyers will come prepared to pay ‘above market’, even if it’s with a long settlement well into the new year. For the successful bidders, Xmas lunch will taste a hell of a lot better knowing they have secured a home.

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