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Putting the Doom and Gloom of October 2008 in Perspective

Altus Real Estate

24 October 2008

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Yes - there is a down turn in the market at the moment. Properties are taking longer to sell. And most are selling below asking price – some considerably so. 

Everyday we hear the media forecasting doom and gloom – the end for a lot of real estate agencies in Western Australia.
 
They may be right.
 
The thing to remember in this changing market is that real estate is not about numbers – it’s about people.
 
People will still need to upsize, downsize and move sideways. They’ll still yearn for the home of their dreams.
 
We’ll be there for them when they do.
 
Jamie Harrington
Director
Altus Real Estate

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