December has been busier than expected

Surprisingly December hasn’t only been filled with Christmas preparations and celebrations here at Morton & Morton. Contrary to what you might expect given the dire reports in the news we have had a busy month locking in pre-Christmas property sales.
So or my final post for the year I think it is appropriate to spread a little bit of Christmas cheer.
The last month has been encouraging. There continues to be a decent number of people out there wanting to transact. In some cases the prices we have achieved are below vendor expectations, but not all. We have also secured some very good prices our clients.
That’s the case at both ends of the market. The low end has been very busy as buyers try to get in before the stamp duty concessions end. Whilst the end of the concessions might initially cause a slow-down in that market I think it bodes well for new properties in that bracket on which the concessions will continue to apply. So that is a definite positive.
At the top end of the market deals are taking longer but property is changing hands. The main point not be lost is that there are people still active in the market.
As for the new year we already have listings lined up with motivated vendors so just as we end the year flat-out we will also hit the ground running in January.
Merry Christmas. Enjoy the holidays. I’ll be back in the New Year.
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