Getting finance approvals has become more of a challenge and banks are now scrutinising people’s spending patterns etc with a fine tooth comb. Make sure your pre-approvals are in place before making any offers as the time taken to get approvals have blown out considerably compared to last year.
Nationwide measures of housing prices are little changed over the past six months. Conditions in the Sydney and Melbourne housing markets have eased, with prices declining in both markets. Housing credit growth has declined, with investor demand having slowed noticeably.
How does the RBA interest rate affect you and your property value. We constantly read and hear about the RBA’s interest rate and how it will affect the economy, but how many of us know what it is?
The autumn real estate market is a peak season to be selling. Home selling in autumn is the second best time of the year to sell a home. Families have returned from summer holidays. Kids have gone back to school. This time of year sees us set to enjoy a period of normalcy, and that's a great time to sell a home.