Looking for a new home?
Take a sneak peak at June’s ‘national focus’ eMagazine. First National Real Estate may have just what you’re looking for.
Looking for a new home?
Take a sneak peak at June’s ‘national focus’ eMagazine. First National Real Estate may have just what you’re looking for.
First National Real Estate Chief Executive, Mr Ray Ellis, says investors are finally starting to realise the potential of housing affordability schemes, such as the National Rental Affordability Scheme (NRAs) and Defence Housing Australia (DHA) projects, but warns caution is still required.
The Australian Bureau of Statistics forecasts that within the next 25 years, strata titled apartments are likely to out-rate residential houses as the number one choice of housing in Australia. And along with the body corporate industry’s rapid growth, will undoubtedly come a great deal of confusion!
A solution to housing affordability may rest with the humble home extension, age-old granny flat, or dual occupancy says First National Real. It’s just a matter of which will best suit each home owner’s individual circumstances.
The Northern Territory property market is on the rebound, and 2013 is looking to be a good year according to the First National Real Estate 2013 Property Market Outlook.
Australians continue to invest in property as a proven path to long-term financial security and the summer months bring increased rental relocation activity, particularly in the early months of the new year. However, many landlords and property investors neglect to protect their valuable asset by taking out appropriate insurance cover.
2012 has been another strong year for First National Real Estate. As we celebrated the network’s 30th anniversary, our network paid homage to its founding fathers – two Victorian estate agents who envisaged a cooperative marketing group with the aim of improving property marketing throughout Australia.
What do you do when house prices are relatively flat and the time honoured strategy of buying and holding real estate no longer assures rapid gains?
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.
Current buyers’ market conditions may be weakening, as a result of continued Reserve Bank interest rates cuts, but before making the decision to become a home owner or trade up, consider all your options carefully and make sure you are doing the right thing – it may prove prudent to renovate, says First National Real Estate National Communications Manager, Mr Stewart Bunn.