Saying things are 'normal' does not make headline writers reach for their laptops, nor will it light up the blogosphere; but in fact we've not seen a 'normal market' for a while...
"If I was to categorise the market at the moment, " says Rob Druitt, (President of REIWA), " it would be that it's a normal market. There is interest out there from buyers but you have to work at it, prices are right and properties are selling. There's the 'right' amount of properties on the market for sale. The newspapers are only interested in 'booms' and 'slumps', but at the moment, I like it - it's normal ! "
Jonathan Keys Princpal of Brockway Keys Real Estate agrees, " I'd say the market is normal; and for many agents who have only been around for 5 years or less, they've not seen it like this. I like it, you work hard, and the rewards are there for your effort. "
So, do we love the normality of things at the moment? Is this how it should be - calm, measured, properties selling, but not for crazy prices? People having time to look, consider, make an offer and get what they want. Enough choice and variety - good for everyone? Let's praise the market for being normal! Now, that would make a refreshing change... and is newsworthy.
(Photo Credit: Normal Theater, Normal, Illinois, USA, by Katie White Snow, Flickr.com)
