National data suggests that buyers in many parts of America are enjoying the prospect of paying lower prices, while the Federal Reserve is indicating a reluctance to push rates higher. And that means once inflation descends, so should mortgage costs. So, if you are thinking of buying in the near future, it will pay off…
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What does 2023 promise for real estate across America? It’s probably the biggest question for buyers and sellers alike. Gazing into the property crystal ball is a notoriously risky business: no one predicted the two-year double-digit growth in property prices that began at the start of the pandemic. Many pundits and agents thought prices would…
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Adopting a cautious approach to real estate as we get into 2023 properly is understandable. Whether buying, selling or both, there’s plenty to consider. But don’t over-complicate the situation. Creating wealth through real estate is a long game, and short-term concerns such as interest rates can be an unnecessary distraction. It’s essential to stay within…
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With property prices tapering since their peak last May, new data from the Australian Bureau of Statistics shows buyers have a rare opportunity to capitalise on the current sentiment in real estate. New loan applications for all housing fell 3.7% at the end of last year, according to the last figures from the ABS. New…
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A new report on the market for apartments is an excellent reminder for first-time buyers that they should not give up their ownership dream. Units remain excellent buying and are $170,000 cheaper than a house nationally, according to the latest CoreLogic report on apartments. If you intend to buy in any of the capital cities,…
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You don’t have to be Warren Buffet or Elon Musk to think differently or to understand that when the market is all moving one way, maybe there’s an opportunity in the opposite direction. What do I mean by that? It’s my way of telling you that right now could be the best time to buy.…
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If you plan to buy a property in the next few months, you should be scouring the internet for articles and data that will give you insights into the market. Staying on top of real estate articles takes stamina, however, and it’s more efficient to use the services of a broker to give you the…
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If you’re a buyer, you’ll be delighted that the mood of the market and prices have swung in your favor, especially if you appreciate mortgage costs will probably reverse in the medium term. For those who are confident about their financial position, this may be a good time to either enter the market for the…
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With less competitive pressure in today’s property market, buyers now have a little more time to tour the local neighborhood to decide whether it is an area or even a street where they’d like to live. It’s a critical part of the buying experience. Real estate’s most famous cliché is “location, location, location”, and it…
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Negotiating the purchase of a home can be stressful, and buyers who take on the responsibility often don’t recognize the arsenal of tactics at their disposal to achieve a win-win for everyone. As hard as this may be to believe, the highest offer doesn’t always win the deal. Often, sellers have concerns that may push…
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