EP60 - Understanding the Market Frenzy in Brisbane

The residential market in Brisbane has been in a rapid period of growth in months. Prices are escalating every week and with buyers who have been missing out, we are seeing that they are becoming even more eager to secure a property with every week that passes by.  Buyers are even taking big risks just so that their offers are competitive. We are seeing buyers dropping out the finance clause and even eliminating the condition that allows them the security of a post-purchase building and pest inspection.  This leads to the question … how long is this buyer frenzy likely to continue and when might the Brisbane Property Market start to slow down? This is what we cover in this episode.   Learn more about your hosts, Scott & Melinda Jennison, at www.streamlineproperty.com.au