The real estate market has been through a rollercoaster of interest rate changes in recent years. Understanding these shifts—and what they mean for you—can give you a real edge whether you’re buying or selling a home.
The real estate market has been through a rollercoaster of interest rate changes in recent years. Understanding these shifts—and what they mean for you—can give you a real edge whether you’re buying or selling a home.
Putting a value on your property can sometimes be difficult when emotions and past expenditure come into play. This is why a professional agent’s opinion is so important.
Auctions are popular in the market at the moment and we suggest you familiarise yourself with the auction process. A standard residential property transaction is known as a Private Treaty sale. This is when you set the price you’d like your house to sell for, and your real estate agent negotiates individually with prospective buyers to achieve a sale as close to this price as possible.
Setting the right sale price for your property is imperative. A new listing will generate interest from agents and potential buyers. After they have viewed the property, interest will decline which makes it crucial to list your property at the right price when if first goes on the market.
The RBA has cut interest rates to 4.10%, marking the first drop since 2020. Discover what this means for the Australian real estate market and property investors, including potential price growth, borrowing power, and investment strategies.
Choosing whether to buy or sell first is truly a personal choice based on your individual circumstances. Deciding whether to buy or sell a property first is a crucial conundrum that confronts many homeowners, each option carrying its own set of advantages and challenges. The real estate market is dynamic, influenced by various factors such as location, market conditions, and personal circumstances.