As Australia heads toward next month’s Federal poll, the belief that elections slow property markets has been challenged by one of the nation’s leading property market analysts. So, will the election affect your house price?
First National’s opinion on property market issues.
Deciding what to ask for your property is the key decision in the sales process. What some vendors forget is that once a home is on the market it is a commodity. They can control the asking price but they can’t ultimately control the sale price. The market does that, just as it does for any commodity.
Your home may be your most important asset but some things will always be out of your control, warns First National Real Estate – like a long hot summer and the threat of bushfires.
Support for Prime Minister, Julia Gillard, has come from an unusual source today – the politically conservative CEO of First National Real Estate, Mr Ray Ellis, who agrees with her call for the review of state based property taxes.
With the end of financial year approaching, property investors should be thinking about how to maximise their tax deductions.
The 50 basis point cut made by the Reserve Bank (RBA) last week sent a positive signal and may improve consumer confidence, but don’t expect a sudden resurgence of demand says one of the nation’s foremost property forecasters, Michael Matusik.
The unfortunate truth is that drowning can happen at any property if appropriate precautions aren’t taken.
Responsible pet owners typically work hard to ensure their pets don’t annoy neighbours and don’t do any damage to their rental property. They know that one black mark against their name means they will find it much more difficult to rent in future, or worse, they may have to surrender their pet to be euthanised, if they can’t find a suitable property.
Australia’s property market circumstances are almost entirely unique and largely misunderstood by foreign analysts.
THE property market will be drawing a collective sigh of relief as the year comes to a close.