Category Archives: Real Estate News

Aussies think it’s a great time to buy property

Posted by Terry Hansen on November 28th, 2018 in Real Estate News | No Comments
house

Most Australians think it’s a great time to get into the property market, despite also thinking that house prices will fall further, according to Westpac’s monthly consumer sentiment survey. The survey showed an 11.8 per cent surge in respondents thinking now is the right time to buy a property — this is 17 per cent […]

Why your credit score might have changed recently

Posted by Terry Hansen on November 26th, 2018 in Real Estate News | No Comments
plans

There’s a good chance that many Australians would have seen their credit scores go up recently thanks to a national change to credit reporting that happened on July 1. This change, known as Comprehensive Credit Reporting (CCR), means that lenders are now required to share a customer’s full credit history with each other, both positive […]

Are we in a buyer’s market?

Posted by Terry Hansen on November 5th, 2018 in Real Estate News | No Comments
flipping property

Property stock levels have reached the highest levels we have seen since 2012, which means that now could present a great time for buyers looking for the upper hand in negotiations. According to CoreLogic, fresh listings have risen by 16 per cent compared to the end of winter, however they are still tracking 4 per […]

Typical Australians are richest in world

Posted by Terry Hansen on October 29th, 2018 in Real Estate News | No Comments
sydney

Many Australians may not feel it, but as it turns out we are among the richest people in the world according to Credit Suisse’s 2018 Global Wealth Report. Australia has overtaken Switzerland for the title of having the highest “median wealth per adult”, which has been driven by high real estate prices and growing superannuation […]

Worried you won’t be able to pay off you home loan?

Posted by Terry Hansen on October 24th, 2018 in Real Estate News | No Comments
money

If you’re daunted by the prospect of paying off your mortgage for the rest of your days then you’re not alone. According to new research from ING more than half (51 per cent) of Aussies reported that they were afraid that they may never be able to pay off their home loan, while 40 per […]

Why spring 2018 is a great time to buy a home

Posted by Terry Hansen on September 12th, 2018 in Real Estate News | No Comments
house

With the property market starting to head downwards and interest rates on the move upwards you could be forgiven for thinking that now isn’t the best time to buy, but we are actually in a very favourable market for buyers. Here’s why. Weaker property markets After years of strong property demand in cities like Sydney […]

More interest rate rises from the big banks

Posted by Terry Hansen on September 10th, 2018 in Real Estate News | No Comments
house

The Reserve Bank may have kept the official cash rate on hold at their September meeting for the 25th consecutive month, but the same certainly can’t be said for the major banks.  Westpac was the first of the major banks to lift their variable rates for both owner occupiers and investors (by 14 basis points) […]

Are you prepared for higher interest rates?

Posted by Terry Hansen on August 31st, 2018 in Real Estate News | No Comments
flipping property

Westpac has become the first of the major banks to lift its variable rates, and it might only be a matter of time before the others follow suit. The bank announced that it’s raising its variable rates for both owner-occupiers and investors by 14 basis points, effective from September 19. This will affect new and […]

First home buyer activity at highest level in years

Posted by Terry Hansen on August 13th, 2018 in Real Estate News | No Comments
selling

First home buyers are making a dramatic comeback, with loans to the buyer group hitting a six-year high. The latest ABS Housing Finance figures reveal that first home buyers made up 18.1 per cent of all new mortgages given out during June. The volume of first home buyer occupier lending went up by 11.4 per […]

Falling Aussie dollar could lead to interest rate hike

Posted by Terry Hansen on August 6th, 2018 in Real Estate News | No Comments
flipping property

The Reserve Bank of Australia will be sitting for its monthly meeting tomorrow and the question on everyone’s mind is whether interest rates are finally going to change after a record long period of holding steady. While most believe that the official cash rate will remain on hold for August at least, there is a […]

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