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Fletchers Group News Update – 3 October

October 3rd 2012

It was quiet on the auction front last weekend, but there is plenty of other news in the Fletchers and real estate world to share with you!

Last week we reported that there was speculation that an interest rate cut wouldn’t occur until Melbourne Cup Day, however at its Tuesday meeting the Reserve Bank board decided to lower the cash rate by 25 basis points to 3.25 per cent. Many economists do still expect another cut in November, which will hopefully be passed on by the banks and provide some welcome news for home owners! Read the full statement by Glenn Stevens.

We were thrilled to learn today that our six submissions for the REIV Awards for Excellence 2012 have made it into the finals! The REIV Awards is an annual gala event at Crown Palladium and is generally acknowledged as the premier event of the real estate calendar. Congratulations to all of our finalists…we are looking forward to a fantastic night on Thursday, 18 October (click for our list of finalists)!

We also announced the details of our first photography competition, providing an opportunity for photographers to showcase their talents! We are looking for photos that capture an Australian Summer, with the winning photo featuring on the cover of our Summer Places Magazine, throughout its December-February circulation. Click here for all the details

On the topic of Summer, PeninsulaHolidayRentals.com.au (operated by Fletchers Sorrento) has a stunning, exclusive Portsea holiday rental available for those hot weeks over December and January! A classic, modern coastal residence, it features flowing open spaces inside and out, including an in-ground pool and spa. Learn more about this fantastic holiday opportunity

School holidays end this week and we are full steam ahead into a very busy auction period! If you are thinking of selling this Spring, call Fletchers today on (03) 9836 2222 for a complimentary appraisal to discuss what your home could sell for in today’s market. 

Enjoy the rest of your week and the sunshine (while it lasts)!

Fletchers REIV Awards
Fletchers REIV Awards since 2000.