The 16 Aussie suburbs running out of homes to sell
Estate Planning, Property
|Despite experts predicting property price growth will slow down this year, the market is still as hot as ever in some sought-after suburbs. New research commissioned by HOOD.ai found the top Australian house markets in desperate need of new listings due to severe undersupply. In all these markets, the amount of time it would take for every property in the area…
Read More Why property is still a great investment in 2022
Estate Planning, Property
|2022 promises to be a fascinating year in real estate. While we will not see the same level of overall price growth as 2021, there will still be a substantial uplift in property values over the year. The difference this year is that the markets will be fragmented. Last year was relatively unusual. We experienced…
Read More Mortgage alert: Cheap refinancing dries up as lenders go rogue on variable rates
Estate Planning, Property
|While fixed rates have been rising for six months or more – a sure indication the cash rate will start to tick up at some stage – some lenders are going rogue on variable rates for refinance loans and have started hiking, irrespective of the Reserve Bank (RBA) holding the cash rate steady. The shock…
Read More Major banks predict 14% drop in house prices. They’re wrong
Estate Planning, Property
|In the past week or so, three of our four major banks have changed their outlook for house prices and are now predicting the biggest housing crash in decades. Will they be right? Economists at Commonwealth Bank and National Australia Bank are forecasting house prices to fall by 10 per cent next year and Westpac…
Read More Where you can still find cheap fixed mortgage rates
Estate Planning, Property
|The word on the street is that interest rates are going up and, although the Reserve Bank has tried to hose down imminent expectations of such, fixed rates have long been indicating the increase and have been on the rise. But there are still pockets of price competitiveness. And – as is the way nowadays…
Read More Want to buy a home? Try this strategy
Estate Planning, Property
|Newspapers love to scare the pants off us and one of their favourite tactics is to use the headline about mortgage stress. But interestingly, the latest news about this big issue for anyone overborrowed is that mortgage stress has been on the wane. Why? Well, historically low interest rates and a good job market might be helping a lot of…
Read More Home loan approval: 5 hacks to secure a mortgage
Estate Planning, Property
|Getting approved for a home loan is hard. Ask anyone who’s tried it in the past few years. The Government wanted to relax what are known as ‘responsible lending’ laws to stimulate the economy and get money flowing when COVID hit, but they didn’t get the leniency across the line. When Westpac won the so-called…
Read More Surprise capital cities where renters rule the market
Estate Planning, Property
|The amount of homes available to rent across most capital cities is higher but, despite the rise in vacancies, it is still very much a landlord’s market, new research has revealed. However, despite renters doing it tough, the Domain Vacancy Rates: December 2021 report found renters still ruled in Sydney and Melbourne. “It will be interesting to…
Read More Real estate agents reveal little-known open house red flags
Estate Planning, Property
|Looking for a property can be stressful but can also be so much fun. When my husband and I were renting we used to go to open houses if we were bored on a Saturday. However, we always had one rule: to clean our place before we left. Otherwise it would feel depressing coming home…
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