Market opinion and the weekend in real estate with Acton Coastal

Today at our weekly Acton Coastal meeting at Soda Cafe in North Beach we talked about the number of visitors in our home opens, their opinions of price for the property.

We have a weekly meeting to talk about the weekend as we meet a lot of buyers and sellers and get a real feel for market sentiment. This week Chris Jonker, Les Lindsay, Peter Berridge and Jason Jowlett we had a exciting debate about the article by Geoff Baldwin of RE/MAX saying “Sellers are demanding too much for their homes” and how they are turning away owners who have high expectations in this market.

What do you think about property asking prices in this market? Do you have any family or friends who have tried to sell?