If you’re looking to buy a property at the moment, the apartment market is proving to be less volatile than detached housing. The latest CoreLogic figures show a 1.4% decline nationally in apartment prices in the three months to the end of July. But if you look at the year-on-year figure, it’s down 0.2% because…
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Spring is traditionally the most popular time to buy and sell property in Australia. Buyers can always be confident there’ll be plenty of properties to inspect, while sellers believe the return of warmer weather will improve their sale price. And in normal times, they’d both be right. But with mortgage costs rising as the Reserve…
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Sellers who prepare their homes properly for sale can still get a great price. On the other hand, buyers can find good deals if they’re patient and diligent. Whether you’re a potential buyer or seller, it’s essential to understand that the national commentaries we see in newspapers, online and on TV are broad-brush in their…
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Today’s market is giving off all sorts of crazy signals. Prices are strong, mortgage rates rise, fall and rise again, and the number of homes for sale stays stubbornly below historical averages. Making a rational buying decision is tough with all this noise around you. You’re probably asking: “Should I buy now? Do I hold…
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Small business might be the backbone of America, but those who have the courage to go down this path, often also providing employment for others, can find it challenging to secure a mortgage. While lenders may set a higher bar for the self-employed, it is worth persevering with an application. If you use a mortgage…
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Buyers across America remain highly active despite the recent sequence of rises in the mortgage rate, indicating that we still have pent-up demand for residential property and proving the incredible strength of our real estate market. However, the continuing upward trend in prices for houses, apartments and condos can make life difficult for first-time buyers.…
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As real estate continues to achieve record prices and prove once again its value as a long-term investment, there’s never been a more important time for buyers to make sure they have a healthy deposit. The recent sequence of interest rate rises that have pushed mortgage rates to around 6% means buyers must manage their…
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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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