James McRobie
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, you know, in the past, they might be spending up to, say, $450,000 down here, which I know for you guys sounds cheap as chips, and it is, obviously.
But now they're sort of seeming like they can spend up to sort of $550,000, $600,000.
And once you get into that sort of bracket, that opens up a whole lot of new doors.
And I guess the other thing is talk to your bank or your broker.
and get your number of days that you might need for your finance condition if you're going to make an offer on a property.
Get them as low as possible because that is the part of our market that is super competitive right now.
Lots of multi-offers, so you obviously want to put yourself in the best position.
In terms of locking in a mortgage for a certain amount of time,
Yeah, I probably haven't had too many conversations with buyers around that.
That's obviously not my area of expertise.
But yeah, I think the big thing we're noticing is that people are just particularly, like I mentioned, first-time buyers can spend more now.
Yeah, and I think, to give you an idea, I think it's about 60% of our dwellings down here in Southland are priced up to $599,000.
So that's a hell of a selection, right?
And that's what we're seeing.
We are seeing people move to our city because they want to get away from the hustle and bustle.
They're sick of slaving away, you know, trying to serve as a massive mortgage.
They can come down here, buy a nice house for half the price and just live a much better lifestyle.