An appraisal of your current home’s value is an essential first step for owners looking to sell and move up the property ladder or downsize. A value estimate grounded in reality rather than wishful thinking will ensure you don’t make any terrible or expensive mistakes when you consider your next property purchase. The best appraisal…
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If you’re considering putting your home on the market in the New Year – a great time to sell, by the way – you should be thinking about how you might increase its market value. Given your home is probably your most significant financial asset, maximising its value will give you more options for your…
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One of the hottest segments in the property market right now is the entry-level apartment. That’s thanks to the Federal Government’s re-cast Home Guarantee Scheme (HGS), which is proving to be a game-changer for first-time buyers. Agents are reporting a greater level of inquiry and attendance at auctions for apartments as young first homebuyers jump…
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A common request of real estate agents is to explain the pros and cons of selling your home at auction rather than negotiating with buyers in a private treaty situation. It’s a completely justifiable demand. While auctions are super-popular in the bellwether markets of Sydney and Melbourne, this approach gets a more lukewarm reception in…
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With the number of homes for sale 20% below the five-year average, buyers face a tough negotiating environment.. The latest data suggests home prices are now rising by more than 1% every month – in October the mid-tier actually rose 1.4% – so buyers who’ve set their heart on their next property need to be…
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More than 1.1 million homes are now for sale across the United States, giving buyers lots of choice and a strong negotiation position. Inventory of homes for sale has now risen for the 23rd consecutive month, according to the latest data from aggregator Realtor.com. There are now 17% more homes for sale than this time…
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One of the most important skills when selling your home is the art of staging to give an enhanced impression of space, purpose and natural light. Buyers love the idea of having lots of space, but you also need to arrange your furniture so each room has an obvious purpose. It’s disappointing to walk through…
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Home sales are on the rise as retail mortgage costs begin to fall following two reductions in the target cash rate by the Federal Reserve. The latest cut takes the target rate to 3.75%-4%, and this could influence the real estate market significantly in the coming weeks. Americans responded to the first reduction with a…
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New data shows ideal investment conditions are emerging for landlords – solid and stable rental incomes combined with seller discounts that offer the opportunity to expand real estate portfolios. The latest fall in cash rate guidance by the Federal Reserve – a quarter point drop to 3.75%-4% – is also welcome as it will improve…
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Buying a home is more affordable now than it has been for more than two years, according to the latest data in the ICE Mortgage Monitor Report. Principal and interest payments on a median-priced home fell to $2,148 a month, or 30% of median income. That’s the highest level of affordability recorded since early 2023.…
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