What's The Market Doing
Well on the coal face, the market has been strange, during the last two weeks

our office has sold 8 properties, we have 6 agents, the funny thing is for the last three months, the first two weeks of the month have been dead and then the last two weeks have been very busy. Most building and pest inspectors, valuers and other agents are saying it is dead, I attended an auction last week and nearly 70 people were present and 11 registered bidders. It sold under the hammer, and you would think a property in the $700's in Cairns wouldnt sell under the hammer. But it did and that is indicative of the market at the moment. You just can't pick it. More than ever you need a world class negotiator to sell your home, I recently have sold two properties and both are records for their streets, one buy $51k. With the current rental vacancy factor at 1.8% for homes in Cairns, I can only see the market picking up later this year. But only time will tell. Shane

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