How to effectively negotiate with a real estate agent
With spring here and buyers and sellers preparing to get active, it’s important that new buyers know how to effectively negotiate with real estate agents. Buyers need to realise that sales agents are there working for the vendor. So, it’s important that they are prepared for negotiating with the agent. Here are some things you […]
Home prices increased 0.8% in September
The rebound in property prices is showing no signs of slowing down, with values increasing 0.8% in September. According to CoreLogic, the jump in prices marks the eighth consecutive month of growth which has also seen values increase 2.2% over the quarter. The September quarter saw Adelaide record the highest growth rate at 4.3%, followed […]
Higher interest rates weigh on household spending
The Reserve Bank of Australia (RBA) may be nearing the end of its interest rate hiking cycle, but the Australian economy is already feeling the effects. The CommBank Household Spending Insights Index found that Australians are spending less as higher borrowing costs eat into household budgets. While the index recorded a modest uptick of 0.7 […]
How to reduce the impact of rate rises
The recent rate hikes by the Reserve Bank of Australia (RBA) have understandably put borrowers under pressure. The fact that the RBA has implemented a handful of consecutive holds is little consolation for those struggling with higher borrowing costs. However, taking a proactive approach can help you mitigate the impact of rising interest rates and […]