Losing a property you had your heart set on can be disappointing, but you must ensure that it doesn’t turn you into a vulnerable buyer. You must remind yourself to fight the emotions of missing out and stick to the fundamentals of a property search. Whatever you do, don’t fall into the trap of feeling…
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You need two essential skills when buying a property: the ability to recognise the home of your dreams when you see it and, to stay within budget. If you believe that’s pretty straightforward, think again. Too many buyers enter the market without finance in place or clarity around what they want to buy. The idea…
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The dynamics of real estate feel like they’ve spun on a dime in a matter of weeks. Folks who were offering above-list-price have suddenly become wary. All markets go through economic cycles, and property is no different. For those seeking to sell or buy right now, you’ll find a much more accurate truth behind the…
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Record-low interest rates over the past two years have lured many Americans into thinking the Federal Reserve would always low-ball the cost of cash. But this has been an exceptional period, not the norm. Today, our interest rate is still lower than at the beginning of 2019. And since then, the average value of residential…
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Opportunity often rises in times of change, and that’s true for homeowners wishing to upsize as the market adapts to higher mortgage rates and cost of living expenses. Upsizing in a market that’s coming off the boil can feel scary but it can be positive. While you might sell for slightly less than a few…
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So you’ve fallen in love with your first dream home! Now it’s time for a reality check; and I’m not talking about the price or even whether one or more buyers are trying to beat you to the same property. No, it’s time to call in the experts: a builder, roofer and pest inspector to…
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It’s exciting yet testing times if you’re in the market and seeking your first home. Your radar will be finely tuned for price reductions while watching the interest rate picture. The old cliché about swings and roundabouts comes to mind in this situation. What you may lose in higher mortgage payments, you’ll likely gain in…
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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. And if you’ve achieved this goal during the current economic times, you’ve done incredibly well – Congratulations! As an experienced agency in your area, we know that…
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The record rainfall that has hit Australia this year has been accompanied by uncommonly cold weather that has exposed flaws in the insulation of many homes. Utility prices aren’t the only things going through the roof – so is the heat you’ve spent so much to generate to keep you warm. Generally, Australian homes are…
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Strong rental returns is one reason why investors are being lured back into the property market after many sold for capital gain 12 months ago when values were up 20% plus year-on-year. The real estate picture is not precisely the same as many investors left it – properties values are higher but interest rates are…
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