Wednesday 20 Dec 2017
As this is my last blog before Christmas I thought it appropriate to stop and take some time to consider all that we have to be thankful for. Obviously there are different things across different aspects of my life but for now I will stick to business and in particular what I think we should remember to be thankful for in terms of residential real estate in Sydney. We have lots to be very thankful for.
At Christmas we talk to our kids about being thankful. As presents are ravenously unwrapped it is a great time to talk about appreciation, expectation and greed. It can be very easy to get caught up in the frenzy of gifts without remembering where, why and how they got to be under the tree.
And so it is with the property industry this year. The amazing prices and continuing growth in values that have been achieved throughout the year have been a gift to property owners and investors.
The ongoing stability of the market is the result of ongoing economic stability that has allowed interest rates to remain at record lows. That stability has helped ensure consumers retain their faith in bricks and mortar as a secure option for their hard-earned cash.
We have much to be thankful for and I think that underlying stability and faith in the property market will continue to deliver into the new year.
On a more personal note I’d like to thank all our clients for having faith in the commitment of our team to deliver quality results and service. I’d also like to thank our team for their unwavering belief in the value of honest, hard work and service.
It has been a good year. I’m looking forward to a break but just like kids on Boxing Day, I am already excited about what the year ahead will deliver.