Tuesday, June 1, 2010

Swinging Property Statistics

Amazing how quickly the market changes! A few weeks ago we were urgently seeking more rental properties, but in little more than a week the number on our books has more than doubled, despite the fact that we continue to lease an average of 8 properties every month. We still have lots of potential renters on our books, some increasingly desperate, but at least we are increasingly able to offer them properties to view.

On the sales side, despite selling several properties in the last couple of weeks, our sale listings have gone up significantly as well. The total number of houses for sale in the Beecroft and Cheltenham area remains at historical lows (just under half the peak at end of 2008).

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