Monday 14 October 2013

REA TE Potterton hold successful Auction

Fantastic Auction Results at the REA TE Potterton Auction in Trim last Wednesday 9th October
Portnob, Kildalkey, Co. Meath.
Lot 1 - Residence & 11.29 acres SOLD €158,000
Lot 2 - 12 acres SOLD €90,000
Lot 3 - 57 acres – Withdrawn – under negotiation

Tuesday 1 October 2013

SEA BROOK, BROOK LANE, RUSH, CO DUBLIN - New Launch Weekend of the 5th October 2013

Prices from €199,950 On view Saturday - 12pm – 2pm Sea, City and Sustainability at Sea Brook, Brook Lane, Rush, Co Dublin A 21st Century home with an indicative ENERGY RATING (B1), a cool contemporary specification and a superb setting close to the beach, sailing club, golf club and all amenities at Rush, Co Dublin. Sea Brook is close to Rush Train Station, the M1, Dublin International Airport and is within easy access of Dublin city centre by bus, car or train, providing an ideal location for living and working in the capital. There a total of 10 of these 3 Bedroom Houses on release from €199,950.

Harry Sothern, Chairman of REA comments on the market

The recent REA group meeting which was held on the 26th of September in Dublin was attended by representatives of their 46 offices and was the most positive in 6 years. All members reported a dramatic increase in business with the Dublin agents complaining of a lack of stock instead of buyers. There was a concensus that the market bottom had been reached and recovery has commenced nationally not just in Dublin. Whilst no one was surprised that this should happen the speed is catching many agents off guard and their scaled down staff struggling to service the viewings. REA firms will be recruiting staff over the coming months. REA are now one of the groups of choice for receiver and stressed sales in some offices this represents 50% of their business. Members noted the significant level of sales to eastern European purchasers in particular Polish. Trading up is becoming popular again with clients taking advantage of the relatively low cost of housing in the middle and upper end of the market. Good agents are normally positive people commented the Chairman and for the first time in many years we have good reason to look forward to a stabilising market.