From Shane's "Watchin Cairns" eNewsletter
Well, it has been a while since my last “Watchin Cairns” has gone out, I have been extremely busy and have had two of my better months in a while, already 5 properties under contract this month.
During the week I (and just about every agent in Cairns) went along to a presentation by John McGrath, he is the leading real estate expert in Australia, and one I always try and see. John McGrath said; "You’ll never know that the market has turned until after it’s turned," Mr McGrath said. "In my opinion it’s already turned and we saw the bottom of the cycle in the last 18 months." I personally I feel that things in Cairns are looking up. Last month I listed and sold a property in a day and I also sold a property for someone who purchased in2010 and they made a profit! Both things I haven’t done for a couple of years.