July Comment 2008

EXPANSION IN A RECESSION???


We feel very lucky to have started 5 new salespeople this week and 3 others are in training.

This week the Reserve Bank Governor had the courage to lower the OCR (Official Cash Rate) which has immediately resulted in some lowered mortgage interest rates.

Cap this off with a …surely, please, please….change of Government shortly and tax cuts and we all have something to look forward to!

City Sales’ market share continues to climb so we must be doing something right.

And if you’re an Agent in the suburbs reading this because there ain’t much going on out there, there is, here.

Call us.

Go on.

150 buyers at our last auction and 8/9 sold under the hammer with three offers on the last unit that night really set us apart from our opposition colleagues.

And Andrew Bond and Mark Jones have just signed up 6 Railway Campus student apartments with auction Reserve selling prices of…….$0.00.

Yes not $100,000 or even $1,000 but $0.00.

One 3 bedroom, three 2 bedrooms and two 1 bedrooms.

If you would like to buy an apartment for nothing, or want a job, just click on the little “Contact” on the left and everything will change.

And it’s nearly spring!



Martin Dunn AREINZ
MANAGING DIRECTOR