Keeping track of the mortgage market can be a full-time job when you’re preparing to upgrade. New offers come onto the market all the time even though our interest rate is staying stubbornly high amid speculation the drift down will begin in the next few months. As an experienced local real estate agent, I work…
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Confidence continues to return to the property market despite the continued pressure on mortgage costs, according to the latest figures from the Australian Bureau of Statistics. It looked at the number of new loans that are being issued and found an uptick of 4.9% for March compared with the previous month. That represents a value…
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When considering whether to sell your home or buy a property, understanding the trends and factors that influence property prices is crucial. While local market conditions are the most relevant for individual transactions, broader economic and social trends can set the tone for the overall real estate market. This comprehensive overview aims to shed light…
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There’s a light at the end of the tunnel, or at least the first indication of one, in the latest January house price data. Tapering values across New Zealand slowed by 1.2% in the three months to the end of January, according to the OneRoof-Valocity House Value Index. After dipping 4.3% in the September quarter,…
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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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New data on Australia’s residential sales indicates the conservative nature of the market continues: and that holds lots of potential for owners looking to upgrade. The price focus that’s gripped media and industry researchers misses an essential element of buying real estate: the discount gain upgraders enjoy when they sell and move higher on the…
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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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Homeowners are refinancing in their droves, taking advantage of record-low interest rates to climb the property ladder, maximise the value of their existing property or hunker down for a rate rise. New figures show 363,978 properties were refinanced last year, an increase of 27.9% on 2022. One driver for this activity has been speculation about…
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Renovating your home can be a scary prospect even if you’ve been through the experience before and know the challenges of keeping your project on track. Upgrading a home is a mixture of science and art, and you need to be on top of the quality of construction, as well as design and the aesthetics.…
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If you’re seeking a top-dollar result when you sell your home, there’s no better way of guaranteeing that result than renovating your kitchen. A recent survey by the website Houzz has found that a desire to have a state of the art kitchen has never been stronger. It was the most renovated area of the…
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