With mortgage rates falling, many renters are now realizing the possibility that owning their own home is within reach. A total of 30% of all property buyers in September were first-time owners, according to the latest monthly data from the National Association of Realtors (NAR). And while prices have continued a slow climb, Freddie Mac…
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If you’re a first homebuyer, scouring the spring market seeking a mix of value and investment, you might be wondering whether the Government has done you a favour by offering to underwrite up to 15% of your home loan. The seemingly generous scheme, called the Home Guarantee Scheme (HGS), allows first-time buyers to purchase with…
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First homebuyers have added impetus to make a deal before the end of the year with new data showing that rents are on the rise again. The average rent is now $702 a week in Australia’s capital cities, which is 25% above the five-year average. Regional rents, while less expensive, are still not cheap. The…
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If you’re an Eastern states investor, you’d be forgiven for thinking most properties are sold at auction. Yet, that’s far from the truth. Two of the nation’s fastest growing markets – Adelaide and Perth – don’t “do” auctions. In the last week of September, for example, there were just three auctions in the whole of…
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The rental shortage that caused such an outcry in the aftermath of Covid is back with the national vacancy rate at just 1.47%. Scarcity of rental properties is forcing many Australians to look for new, longer term leases for fear they are going to have their current ones terminated by landlords seeking higher rents. A…
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The journey to buying your first home often feels like an uphill battle – saving the deposit, navigating interest rates and facing the rising cost of property. The reality is that the market offers strategic advantages that can dramatically shorten your timeline. So, let’s cut through the noise and share three powerful, up-to-date hacks that…
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Buying a home is a major investment, no matter the season. But as temperatures drop and snow starts to fall, commissioning a professional home inspection becomes even more critical. While a charming exterior covered in a blanket of snow might look idyllic, hidden issues can lurk beneath the surface. A professional home inspection will be…
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The new year is a time for fresh starts and new resolutions. This year, resolve to upgrade your home with smart technology that enhances comfort, security, and efficiency. Welcome the future of living with innovative solutions that seamlessly integrate into your lifestyle. Imagine a home where your voice or smartphone controls everything. With smart home…
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Against a background of promises by President-elect Trump to lower prices, America’s real estate market may prove to be a challenge. Mortgage rates remain at 20-year highs while buyers face record-high home prices. The Federal Reserve’s rate cuts have been implemented but this has yet to affect the housing market or mortgages. Retail rates still…
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Moving can be a daunting task, filled with logistical challenges and emotional upheaval. But it doesn’t have to be a chaotic experience. By implementing proactive planning strategies, you can minimize stress and ensure a seamless and efficient relocation. Here’s how to navigate your next move with ease: Start Early and Stay Organized To ensure a…
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