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First Home Buyers

One of the most strategic buying groups in the market

December, 2022

“The significant drop in competition among first home buyers may not last into 2023, particularly once interest rates stop rising”, according to Dr Nicola Powell, chief of research and economics at Domain. For people that have their finances in order and are ready to buy, the next few months present a good time to secure a bargain and get better value for your money. Read on… https://lnkd.in/grVuaDnK

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August, 2022

Could now actually be an opportunistic time to buy property? Whether you are a first home buyer, investor or looking for a sea change, it seems that the fear of missing out has now shifted from the buyer to the seller. Sellers are now more inclined to engage in robust pre auction negotiations and accept reasonable offers that would have been otherwise waived off 6 months ago. Reduced auction attendees, declining clearance rates and overall dwindling enquiry levels combined with a cold winter means easier pickings for the astute buyer! https://lnkd.in/giKTkxTt

 

September, 2021

With a resilient mindset, a touch of persistence and most importantly, the right strategy, the results are there for first home buyers tackling the Sydney property market! 

https://www.domain.com.au/news/sydney-online-auctions-first-home-buyers-pick-up-alexandria-house-for-2-683-million-1084157/

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May, 2021

As we currently witness one of the biggest property booms in living memory, for first home buyers it seems the struggle has never been more real. The reality is, contributing factors such as record low interest rates, government grants, low supply and ever rising demand are here to stay for some time and as we've seen, even during difficult economic periods, the market has proven its resilience and continued to buck the trends. So what to do...? Despite some popular opinion, sitting on our hands for 12-24 months may not be the best advice out there. Instead, with the right strategy and execution you can dramatically improve your chances of nabbing that dream purchase and getting in on the action! Being prepared for those negotiations with sellers and well armed for auction day will have you brimming with confidence and ready to make your move on your terms. 

https://www.smh.com.au/politics/federal/first-home-buyers-get-budget-help-to-enter-skyrocketing-market-20210507-p57pxk.html

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