We’re at a knife’s edge of Recession 🔪 Real Estate Market Wrap 🗞️

Send us Fan Mail A Tamarama property sold at a mortgagee auction today for around $20.2 million, after selling for roughly $29.2 million in 2021. That’s a brutal reminder: The market doesn’t care what you paid, or what you still owe. In this Saturday market wrap, I talk about rate rise fears, falling borrowing power and why a cheaper property can still be harder to afford. There are opportunities for buyers with cash and staying power. But if you’re under pressure to sell, wait...