The past few months have seen a rapid rise in interest rates, and many property owners will be reviewing their finances, and may be looking at their loan options to see if savings can be made. There are two types of loans, fixed or variable. The difference between these two types of loan ultimately comes.
Newcastle and the surrounding areas have been undergoing a lot of regeneration over the past few years, and there are many great housing developments still in the pipeline. If you’re thinking of a change of scene and/or lifestyle, many of these new developments offer some great opportunities. However, there are other factors you may want.
Moving home is high up the list of life’s most stressful experiences. As well as the long list of jobs to do, documents to sign and people to organise, there is often an emotional aspect too, particularly if you’ve been living in the property for several years. From the valuable, and fragile to the heavy.
Life is what happens when you’re busy making other plans according to the American writer Allen Saunders – and life events have a habit of happening when you least expect it. With people living longer and the increase in ‘blended’ families through people remarrying, financial and family arrangements can be a complex web. And when.
Investing in property is a big financial commitment, so you do need to do your research before jumping in. The internet has made making research a lot easier, but the key to good research, is knowing what to look for, and once you’ve got the information, knowing how to analyse real estate market data. This.
From marketing expenses and contract preparation to renovations to add value, there’s lots to consider when selling your home. Here are some of the main ones to consider: Legal costs When selling a property, you do really want to ensure all the paperwork is in order. The main legal requirements include: Contract preparation Prepared by.
Welcome to 2023! Last year saw a rapidly rising serious peak in the property market and while interest rates and economic factors are now playing a major role in property prices in the short term, let’s take a critical look at what the data is saying. Data has long played a role in property, and.
The latest report from CoreLogic is the Christmas news we’ve been waiting for; according to the data specialist’s latest Home Value Index the fall in house values has begun to ease in our region. CoreLogic’s research director, Tim Lawless, said the easing in the rate of decline is mostly emanating from the Sydney and Melbourne.
The CoreLogic home value report shows while housing is taking a relative downfall, rental value growth actually remains high across Australia; the report suggest regional rents are up 25.5%., and indeed, we have seen rents increase over the past few months, although not by this much. What this means is, as rents continue to rise.
You’d be forgiven for being a little disheartened about CoreLogic’s latest Regional Market Update; the report suggests house values in Newcastle and Lake Macquarie recorded falls of 6 % over the last three months while unit values experienced a drop of 1.9 %. However, three months can be a short time in the property market;.
