Things are hotting up again, but why?

A few thoughts on why the market is hotting up all of a sudden:

1. We are slowly approaching the end of the first home owners grant and a lot of people are still jumping on the wagon at this late stage.

2. The financial markets are stabilising. People's confidence is returning, houses are being snapped up.

3. The bower bird that had been terrorising my back yard has moved...it's a sign!

In other news, after the Ingham floods,  strangely there are no bargains. It's like houses prices remained over priced, probably done deliberately by the RE agents to keep the vultures away. Shoo vultures, shoo, leave us alone...