Auction Inaction: The endless summer…

Santa has been and gone, New Year’s Eve (and the hangover) now a distant memory and the Australian flag embossed thongs, beer coolers and boardies are packed away for another year but still the long hot and very wet summer drifts on in the land of real estate nirvana.

Even Rip Van Winkle would be up and going for a jog around the block by now.

The Sydney Morning Herald and Australian Property Monitors report there were ONLY 46 auctions listed in Sydney this week.  What is going on?  Why are sellers so shy getting their quality renovations and feature walls back before the hungry hoards? Continue reading