Thursday, October 2, 2008

Moving forward

While the Warriors lost, the initial US bailout was quashed and many commentators were again preaching financial Armageddon. We at UP Real Estate, had a much brighter month in September than usual.

This could be due to the onset of Spring and the start of the 'traditional listing season' and/or, the desire of many of our clients to continue getting on with life.

Our observation's are, demand for property in Auckland's preferred area's is keeping values firm, or vendors who aren't seeing offers which they perceive to be reasonable are able and choosing to stay put, which is quite different from international markets, specifically the US situation.

Beyond these observations the future, as-always, is unknown. We continue to do business with great expectation.

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