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Home Buying Property

When crashing auction clearances equals “panic buying”

by admin
March 26, 2020
in Buying Property
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auction clearances
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For a crashing public sale clearance price to equal panic shopping for, simply go to the AFR:

“Panic shopping for is occurring. A bit like bathroom paper it feels,” stated Cate Bakos, purchaser’s agent with Cate Bakos Property. “I had 4 auctions scheduled this Saturday and 5 subsequent Saturday. Now I solely have one on Saturday and one for subsequent week.

“All have both been bought prior or have pending mid-week auctions. These pre-auction gross sales are being triggered by feisty patrons.”

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