When it comes to property markets, you’ve probably heard the terms “buyer’s market” and “seller’s market”. If you’ve ever wondered when the best time is to sell your home, understanding the difference between these two is important. The real estate market is mostly influenced by economic conditions, consumer confidence, and supply and demand. What’s the … Continue reading What’s the difference between a buyer’s and seller’s market?
The rate of inflation in Australia has been rising more rapidly that expected. This is due to the economy making a speedy recovery from the COVID-19 pandemic. To help slow down inflation, the Reserve Bank of Australia (RBA) has been hiking the cash rate. This caused interest rates on home loans, credit cards and savings … Continue reading How Does Rising Inflation Affect Your Borrowing Power?
Working in the real estate industry becomes more manageable with an excellent property portfolio. You can even start a new business in this domain. But how can you build a fantastic property portfolio, especially if you are in Melbourne? We have collated a few points to give you an overview of what you can do. … Continue reading An Easy Guide to Building an Excellent Property Portfolio
Anybody who’s been tuning into mainstream media recently with interest in real estate couldn’t help but be aware that there have been several highly pessimistic forecasts about what’s likely to happen. They say Australian property prices over the next one to two years will fall. What I would urge people to do who are concerned … Continue reading Melbourne’s Property Predictions – Who Can We Believe?
Are you looking forward to investing in real estate? You must be extra cautious, especially if you are new to investing—the safest step is to ask for advice from an experienced real estate consultant. Now the question is, which real estate consultant to put stakes on? You will find many professionals around you, no matter … Continue reading Qualities You Must Look for in A Property Investment Consultant
Joint Ventures Sometimes it is not possible or desirable to buy properties in bulk, or in a syndicate. If you are considering buying a property by yourself, it is still possible to receive a genuine discount off market value. Properties in the early stages of a medium size development are often sold for less to … Continue reading How to Buy Unlimited Investment Properties Chapter 14
Buying any kind of property can feel like an intimidating task, especially for first-time buyers. Skilled real estate agents play a major role in guiding new property owners through the labyrinth of real estate transactions. Their services are essential as the network of complicated mortgage rates and tax laws are difficult to understand and navigate … Continue reading How Real Estate Agents Can Help First-Time Home Buyers
There are a lot of advantages in buying and investing in Australian homes. There is no doubt the housing market is booming. Here are 6 solid reasons to invest in the housing market in Australia. 1. Tax Advantage: Australia has a tax break referred to as negative gearing. It means your expenses and interest payments … Continue reading 6 benefits of buying and investing in Australian homes
Deposit Bonds After we signed the sale contracts, we needed to pay deposits. A deposit is usually 10 percent of the purchase price. The primary purpose of a deposit is to provide a consideration to make the sale contract binding. The deposit also shows you are a genuine buyer. Most importantly, if you are in … Continue reading How to Buy Unlimited Investment Properties Chapter 12
Unless you have just arrived from Mars you would be aware that the Reserve Bank of Australia has lifted the official cash rate by .25 base points to 0.35%. This was the first increase in 12 years. All the major banks have passed on this rate rise to their customers in full. As a result, … Continue reading What will happen to the real estate market and house prices now that interest rates have gone up?