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Now ‘nervous’ Scott Cam worries that The Block’s houses will NOT be sold on auction day: ‘There is trepidation from the buying public’
There is great fear that the new houses on The Block will not be auctioned this Sunday.
And now host Scott Cam has added fuel to the fire, admitting he is “nervous.” The renovated properties of the participants will not be unloaded.
Scott, 59, said rising interest rates and falling home prices mean this year’s Blockheads face challenges that previous participants have not had.
Block host Scott Cam (pictured) admitted on Friday he is ‘nervous’, contestants won’t be able to sell their renovated properties on auction day next Sunday
‘There is a bit of trepidation from the buying public. I’m very nervous,” he told The Today Show.
He said that the hard work of the participants should be rewarded and that he would be sorry if they lost.
“I want these guys to make some money. They have worked very hard and deserve it,” he told hosts Karl Stefanovic and Allison Langdon.
He said that the Blockheads will have the full support of the entire team to help them make a profit on their properties.
Scott, 59, said rising interest rates and falling home prices mean this year’s Blockheads are facing challenges that previous participants have not had
Despite promises of big sales, some real estate experts have expressed concern that the properties will not sell within their $4 million to $4.4 million price guides.
This is because the average house price in the Gisborne area is about $1.1 million.
However, sources at Nine are confident that the houses will destroy their reserves due to their ultra-stylish designs, great location and resale potential.
He said that the hard work of the contestants deserved to be rewarded and that he would be sad if they lost
Kirsty Lee Akers, who made a profit of $301,523 in the 2021 season with husband Jesse Anderson, predicts that the “cooling” market and overambitious minimum prices are a recipe for disaster.
“I hope I’m wrong, but I have a really bad feeling about this year’s auction,” the country musician told Women’s Day on Monday.
The Block Final will air on Channel Nine and 9Now at 7pm on Sunday
He said that the Blockheads will have the full support of the entire team to help them make a profit on their properties