Cunninghams Property Update

Last weekend brought us to our last official weekend of Summer – bring on the cooler weather we say!  Or maybe we could just lose the muggy days and nights.    Although it was disappointing having to hop out of the water on Sunday and not being able to enjoy a swim.  Better to be safe than worry we say.

In real estate, the last weekend of Summer used to be fairly significant in terms of a busy spring and summer – especially after a break at Christmas – this time of year was almost a final dash.  It’s a bit like the first weekend of Spring – it’s really just another busy weekend for us.  Over the past couple of weeks, we had an average of sixteen parties through each of our open for inspections.  And, with better technology and smarter methods of marketing, there’s something happening in the market every day of every week.   

The interest rate rise yesterday was fairly expected and with mortgages in this area above the average mortgage it will make a bit of a differenct to everyone’s pocket.  But it does have a flipside bringing some stability to the market which I think we’d all like to see.   

Speaking of markets and activities that are on – there’s some great community events going on – do you get down to the Manly West Organic Markets each Saturday?  Or maybe you prefer the Manly Farmers Markets – held down at Short Street Plaza each weekend.  Manly Council has also been running the fantastic Saturdays at Sunset – last one this weekend.   At Cunninghams, we love these sorts of events and organisations – they have a great energy about them and make this community such a pleasure to be involved in.