Downsizing is becoming an increasingly attractive proposition for those entering late-middle age and even younger owners concerned about the ongoing costs of maintaining a large home. The National Association of Realtors (NAR) says one-in-four transactions now involve a seller seeking to downsizer. And data from Freddie Mac suggests the supply of new smaller homes –…
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Buying a home is a big life decision, and it’s certainly a challenge when you’re at the back end of a global pandemic and your social media and TV is saturated with coverage of the conflict in Europe. If you’d ask most real estate agents just a few years ago what impact such global events…
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Buying your first property is an unforgettable experience, and it’s one of the most important decisions you’ll make to set yourself on the path of wealth creation. But, owning a first home can also be unforgettable if you’ve never redecorated or renovated before. Figuring out how to hang wallpaper or what colour to paint a…
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Are you confused about the state of the real estate market right now? Values continue to rise through the roof; the median national average is currently 10.8% up year-on-year, yet the National Association of Realtors (NAR) reports fewer homes are coming on the market as sellers hold their most important asset. NAR’s latest numbers say…
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Most buyers will qualify their interest in a home for sale by looking at the quality of the bedrooms. If the main bedroom is too small, or the spare room too tiny, they may walk away. So it’s important to focus on presentation in these rooms. Buyers are not only interested in the number of…
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One of the questions being asked by followers and active participants in real estate is, what does Australia’s highest inflation rate in 32 years mean for property prices? If the Reserve Bank of Australia (RBA) is slow in achieving a reduction in the current rate of 6.9%, will this mean a continuation of the price…
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Thanks to La Nina, the recent weather patterns have made it hard to believe spring has actually sprung, and that we’re at the start of the peak real estate selling season. One of the most common questions asked of a real estate agent is why spring is the best time of year to sell? At…
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Inflation and rising fuel prices are now impacting our utility bills, and you’ll likely have seen a steep increase in the cost of gas and electricity in the past few months. But, unlike the price of broccoli or petrol, there is something you can do to help reduce the running costs of your home. As…
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If you’re preparing to sell your home now the spring sales season has arrived, you should not underestimate the impact on prospective buyers of a bountiful garden full of colour. Even if you don’t have a green thumb, planting a few annuals to fill gaps in your flower beds will give your home an extra…
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As many sellers consider investing in renovations to maximise the value of their property before it goes on the market, understanding how to best work with tradespeople will help to achieve an outstanding result. Talking to an agent before starting a major renovation is also a good idea. You should seek advice on potential improvements…
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