Posts Tagged ‘Housing Market’

Sydney firmly on top of the market stability ladder

Recent indications are that buyer activity in the Sydney housing market has improved marginally following a subdued winter. The Bureau of Statistics reports that monthly housing loan numbers are rising and weekend auction clearance rates have lifted recently to about 60 per cent.

The latest Australian Property Monitors median house price data, however, has revealed that Sydney house prices continued to weaken over winter along with those of the other … Read the full post »

Homes still in short supply

In these times of lower auction results, and tales abounding of property bargains galore it might seem a bit unbelievable to be talking about a housing supply issue.

Many vendors are probably thinking that the only supply issue they have right now is that there’s too many properties on the market. But behind the scenes there’s still plenty of talk about how we’re not building enough houses by number crunchers who … Read the full post »

Keeping your cool

There are opportunities and dangers when surrendering your cooling off period.

In the heat of the moment, the exhilaration of finding and snaring a jewel in the real estate market can be a buyer’s natural adrenalin. But then you sleep on it. And you start to think… Maybe the place will need a bit more work than expected. And how many extra dollars will that cost?

The timber floors seemed a bit … Read the full post »

The New Breed of Tenant

Choosing an investment property is a completely different prospect to choosing a home. A home is an emotional purchase based on any number of individual imperatives. An investment property, on the other hand, is simply a commercial prospect. So it’s a matter of dropping your lifestyle hat and donning your financial cap when prioritising your criteria. First and foremost, an investment property should be tenant friendly, meaning it should be … Read the full post »