That statement is B/S I have just been notified my buyer has got approval from bank. The banks are taking longer to assess loan applications approx. 4 weeks now. The market is ticking over in Perth settlement agent in southern suburbs reckons bargain hunters are slowly picking off the good buys. Market forces at work less investors buying, less first home buyers buying, drop in new building, vacancy rate decreasing and rents slowly rising. No rise yet but churning over.
The irony of the banking royal com. The low income earners and so called battlers are struggling to get finance so even if the crash creates bargains it is the haves to get the deal.
