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When uncertainty hits - war, interest rates, capital gains tax, inflation - confidence disappears. And when confidence disappears, so do the buyers.
If you’re a vendor - April may not be the best time to sell. Although this is the prefect upgraders' opportunity:
0:00 – My clearance rate: 2 out of 9
1:00 – What was happening 5–6 weeks ago (this is the key)
2:25 – Fear, uncertainty, and frozen buyers
3:00 – What great agents are doing right now
3:40 – Should vendors sell… or wait?
4:45 – Interest rates, inflation & what’s coming
7:17 – The danger of rejecting pre-auction offers
8:50 – The reality vendors need to accept
10:55 – When will things improve?
11:20 – Why this could be an upgrader’s opportunity
12:00 – The truth about clearance rates