Move House

What to do in Winter to Spring clean your home for sale

Monday, July 26th, 2010

Cold and drizzly weather, two doonas on the bed and regular lashings of comfort food to warm the soul….. 

It may sound odd while we’re in the midst of an unseasonably cold winter, but now’s the perfect time to start think about getting your property ready for a Spring Sale – if that’s in your game plan.

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Are we in a midst of a property market slowdown?

Friday, June 4th, 2010

The property market has remained strong for the past 12 months, but now amid concerns of rising interest rates and threats of a global economic slowdown – property buyers are holding back.

While auctions account for less than a quarter of all dwelling transactions nationally, Cameron Kusher, senior research analyst at Rpdata.com says, “auction clearance rates provide an excellent indication of current market sentiment; the results are more timely than private treaty results which are subject to time lags.” (more…)

Upgraders bring competition into the property market

Monday, May 3rd, 2010

It seems that investors are not the only ones interested in capitalising on the current market opportunities.  QBE LMI’s Chief executive officer Ian Graham believes that upgraders will also be contributing to property market movements in 2011.

Mr Graham believes the coming year will see upgraders stepping up to fill the demand gap created by the decline in first home buyer activity since the federal government’s boosted first home buyer stimulus was withdrawn.  (more…)

Do you think it’s better to rent or own your home? What are you thoughts?

Wednesday, April 28th, 2010

Read the full article here, http://bit.ly/cHTuuj

Have a read through and cast your vote on the blog poll or comment your thoughts below – we want to know:  Would you rent as a lifestyle choice or would you prefer to live in a home that you own?

A warning for first home buyers:Don’t let your home purchase be a house of cards

Friday, March 26th, 2010

First home owners tipped to embark on their home ownership journey this year need to be reminded not to fall into the trap of dropping the financial ball after the initial thrill of the purchase.

There is a common tendency for many first home owners to want many of the things that go with a home, without having the patience to wait until they can comfortably afford to buy them. (more…)

Resi announced as WINNER of Your Mortgage’s BEST VALUE INTRO RATE – OVERALL NON BANK WINNER for Switch & Save!

Monday, February 15th, 2010

Resi Home Loans is proud to announce that they are the Your Mortgage overall non-bank winner for Best Value Introductory Loan for Switch & Save.

Their award winning product, Switch & Save tops competition within the non-bank category not only because of its current low variable introductory rate of 5.70%* but also thanks to its competitive revert rate that kicks in after 24 months and no start-up or ongoing fees.

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House are prices are inflated… or maybe not?

Thursday, January 28th, 2010

With so much talk of increasing house prices and affordability – RP Data and Rismark are challenging this belief.  From last week’s research, they claim that housing affordability has not declined since 2003.  According to Rismark’s CEO, Christopher Joye, “There is an uninformed perception that houses are much more expensive now, compared to our household incomes, than they ever have been before.”

“But that is not correct, affordability in the housing market is not deteriorating rapidly, average house prices are not seven to eight times household incomes as is often quoted,” he says

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Is there an Australian housing affordability crisis?

Thursday, January 28th, 2010

This has been a contentious issue over the years among both researchers and economists – but data from Australian Property Monitors and RP Data’s Rismark has reignited this in the last few days.

An Australian Property Monitors’ Quarterly Housing report revealed, “2009 ended with the strongest annual house price growth since 2003,” which supports the view that residential property is unaffordable.  APM also revealed over the December quarter the Australian property market saw a 4.8 per cent rise in median house prices nationally and 12.1 per cent rise overall for the year.

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First time borrowers can use NOW to carry out due diligence on their plans

Thursday, January 14th, 2010

With several weeks left until the property market is back in full swing, first time borrowers should be using this quiet time now to ensure they’ve covered everything needed in terms of arranging pre-approval for loans and fine tuning property searches.

Too many times we see prospective buyers miss out on their dream home because they didn’t have all the necessary paperwork in order – and with the property market already set to heat up further in 2010, first time borrowers need to ensure this doesn’t happen to them.

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SIMPLE HOME LOAN TIPS

Wednesday, December 30th, 2009

Each category of borrower, including owner occupiers, investors and first home owners should be looking at financial strategies to protect themselves from more rate rises. Apart from checking your loan’s features are still appropriate for you, owner-occupiers should be limiting discretionary spending, allocating more funds for their mortgage repayments. This will give them breathing space as rates continue to rise, as well as providing a slush fund for any necessary works on their property

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