Persistence for both the buyer and the seller is essential in today’s property market. Latest data shows many sellers are sitting on the sidelines while motivated buyers compete for the few homes for sale. The lack of homes for sale is bolstering prices across America, but sellers appear to be reluctant to put out the…
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Home-hunting can be a deeply frustrating experience if you approach the challenge without a plan. As America confronts a shortage of homes for sale with sellers waiting out the recent spate of mortgage cost rises, you’ve got to be on your game as a buyer. Finding the right property, negotiating successfully or being able to…
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With residential real estate continuing to enjoy value growth and stronger renter demand, inquiries about purchasing an investment property are increasing. Renewed interest in being a landlord will likely stem from the prospect of mortgage rates falling in the short to medium-term, coupled with record levels of rent: a trend that we’ve seen in many…
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Uncertainty among buyers and sellers about the outcome of the October election has added to the complexity of the New Zealand property market as it begins its value turnaround after a couple of tough years. Sales volumes dipped across the country in July, notably 15.4% in Auckland, as buyers and sellers wait for the poll…
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Statistics and sentiment don’t always choreograph neatly when the property market turns the corner; and that’s what we’re currently seeing in New Zealand. Buyer sentiment has increased markedly in the past few months even as the pace of value declines eases. The prospect that we’re near the end of an extended period of interest rate…
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If you’re one of thousands of homeowners who’ve just come off a fixed-rate deal with their bank, you may wonder whether entering into a similar agreement is a good idea. Lenders are using attractive fixed-rate deals to compete for customers, both first-time buyers and existing homeowners, but is the time right to enter into such…
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The spring selling season is upon us, and it will be a litmus test for assessing the strength of the Australian property scene. More properties will come onto the market in the next few months, and the big question will be whether prices can sustain recent growth trends or dip in the face of buyer…
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One of the big real estate questions during the past two years has been how rising interest rates affect property values. The impact of increasing mortgage costs is an influential factor in a homeowner’s decision to sell their existing property to either upgrade or downsize. Interest rate rises have had a fundamental impact on sellers’…
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If you’re considering putting your home on the market in the coming spring or summer selling season, you need to be well prepared for the demands of prospective buyers. We’re seeing a significant increase in buyer optimism right now, encouraging more owners to enter the market. It also means there’ll be plenty of competition among…
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More positive signs of a rebound in the property market have come with the release of figures from the Australian Bureau of Statistics (ABS) that show housing approvals jumped 20.6% in May. Figures for units and townhouses leapt nearly 60% (59.4%) to drive this result on the back of a disappointing April that recorded a…
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