How to buy a property amid lockdown supply issues
COVID-19 lockdowns have severely hampered market activity across much of the nation this year, seeing many vendors postpone sales campaigns until buyers can attend auctions and open for inspections in person.
Jarrod McCabe says buyers should be wary of FOMO and remain patient in current market conditions. Photo: Zaharoula Harris/Zed Photography (Image source: Shutterstock.com)
COVID-19 lockdowns have severely hampered market activity across much of the nation this year, seeing many vendors postpone sales campaigns until buyers can attend auctions and open for inspections in person.
This has seen a significant reduction in the supply available to eager buyers, who have been forced to compete for the reduced purchasing opportunities, via online auctions or private sales.
Across the nation, total stock advertised was do…
