Property owners and investors are set to benefit from a further interest rate cut the next time the reserve bank meets. Recent stock market gains are unlikely to prevent a cut of at least 25 basis points.
With historically low interest rates and the increased first home buyers grant the rent versus buy equation has swung in favour of buying especially for properties under $500K
The govenment’s increased first home buyers grant to $14,000 as part of it’s fiscal stimulus programme but this is due to revert to $7,000 from 1 July
What do you think? Does the housing market still need the boost or do the interest rate reductions provide enough assistance?
Are the increased grants and low interest rates encouraging people to over extend themselves risking a property bust when the rates increase?
There are many ways to get your home sale noticed, and we are interested in finding out what works for you.
Do you think that an internet property listing is the way to go, or perhaps a traditional for sale sign or newspaper Classified Adverts?
Many people have found success with a property flyer letter box drop, and others swear that word of mouth is the way to go.
What methods have worked for you? What would you recommend to other sellers? Have your say on the smartvendor private real estate blog!
Valuing your property can be one of the hardest components of selling your own home. Price it too high and there won’t be any interest, price it too low and you could miss out on the extra cash!
So, how do you go about pricing your property? Do you research similar properties in your area? Do you get a real estate agent in to give you an estimate? Do you see what homes are going for on sites like smartvendor? Do you use one of the online guides like Australian Property Monitors?
Have your say in our private real estate blog!
Welcome to the all new smartvendor private real estate blog.
This is your place to have your say on private real estate, property marketing tips, estate agent horror stories, local property prices, selling yourself, in fact anything to do with Australian real estate.
The smartvendor team will be regularly posting topics for discussion but if you have something you want to discuss, please email blogs@smartvendor.com.au
Happy blogging!
The smartvendor team.
