With the rising interest rates and house prices falling in some markets, mainstream economists and journalists have wrongly speculated that rising interest rates have caused prices to fall. However, this scenario has never happened in the past property cycles. This kind of shallow analysis is taken as the correct interpretation of the market, thus, is … Continue reading Interest Rates Do Not Lead Property Prices
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?
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
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?
Real Estate investing is not easy. There are many factors that can make or break an investor. However, there are certain characteristic that all successful real estate investors have. Let’s look at a few that makes them champions: 1. Sacrifice This is a heavy word. Sacrifice is usually attributed to pain or suffering, but successful … Continue reading Characteristics of a successful Real Estate Investor
Investing in Real Estate can be a lucrative journey. Joint ventures, wholesaling and property management are just a few ways investors profit and become successful. There are now many options on how to learn real estate investing, one does not become successful from studying alone. Top real estate investors commonly possess certain characteristics which make … Continue reading 10 Habits of Successful Real Estate Investors
