This from a Ray White agent's newsletter, about the Brisbane inner-city apartment market:
"Large amounts of buyers enquiring on our properties. I have not seen
this level of enquiry since the peaks of 2007. We are expecting price
movement in the second half of 2012, on the back of large amounts of
I guess times must be good. I have emailed a number of agents about apartments listed for sale in Brisbane, and many have not returned my emails. I have inspected a few, and asked to put in an offer, but no reply. I guess there are too many buyers out there, over-running the agents! Or maybe, too many agents have quit the business during the past lean years?