Property Marketing
.

The Times Property
 
The Times Real Estate

.

Realestate news with Tim McKibbin

  • Written by Tim McKibbin

Last week’s rate rise was received with the same enthusiasm as an uninvited guest.

Many mortgage holders will feel the extra pain this will bring. The major banks were  quick to pass the rate rise on and come mid-year, we anticipate mortgage stress to have  increased considerably.

Given the circumstances, market activity across metropolitan Sydney, including the  west, has been reasonably strong. Though rate increases can have a dampening effect,  we expect the status quo to continue in the short term.

Properties are selling at reasonable prices when priced appropriately. Vendors are  accepting good offers now as future price movements remain uncertain. 

Clearance rates are solid. Demand for houses is generally stronger than for apartments,  which may in part be because of the lack of interest from investors.

Policies which target the rights of property investors are encouraging people to invest  elsewhere, like the share market or in commercial property. 

This is bad news for tenants given the already significant shortfall of rental properties.

Last week’s announcement by the Federal Government of a $10 billion housing future  fund to increase social and affordable housing supply shows that it recognises the need  for action.

But what will be key will be how it’s implemented through the states and at the local  government level, where the planning and approval process so often proves a road  block.

3 Things Business Owners Should Consider During Renovation

Renovating a commercial space can be both exciting and challenging. Many business owners see it as an opportunity to modernise their premises, improve functionality and c...

Steps for a Stress-Free Move Out

Moving out of a home can be an exciting milestone, but it also comes with its fair share of stress. From packing fragile items to coordinating timelines, many details nee...

Staying on Top of Utility Basics During Renovation

Renovating a home can be an exciting journey, but it also comes with its fair share of challenges. Between choosing finishes, managing budgets and coordinating tradespeop...

Daycare Reviews in Eastwood: Why Families Recommend Eastwood Blessings

For many parents, reading daycare reviews is the first step in choosing a childcare provider. Reviews provide an honest look into the experiences of other families and re...

Childcare in Raymond Terrace: A Complete Parent’s Guide

Finding the right childcare in Raymond Terrace is one of the biggest decisions families face. It’s about more than just arranging supervision while parents are at work — ...

How Headless CMS Transforms Real Estate Listings Into Scalable, Interactive Property Experiences

Real estate has always been a business of people. Yet in a technology-infused world, connecting properties and prospects goes far beyond mere listings. Properties need ...