In an article for the Property Update, Pete Wargent busts the myth about falling first home buyer (FHB) numbers. There has been a lot of talk about how the FHBs have simply disintegrated and elbowed off by the investors because of spiking prices and a rat race for properties.
All Commentaries
These are all commentaries on articles and videos on the web that are interesting, relevant or simply entertaining to people interested in Sydney Real Estate.
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Is it a Time to Buy or Sell Properties?
John McGrath writes a well-crafted article for Switzer Daily wherein he dissects the movement of the real estate economy and throws light on how the market will trend in the year 2015. There are two categories of homeowners at the moment. The first kind is imagining a plateau ahead and is ready to sell its stocks. The second kind thinks that there may still be some time left before the slide and are hesitating to list just as yet.
Novel auction in NSW on the Cards
In an article for the website Your Investment Property, Miriam Bell talks about a novel auction that is about to be held on 14th February. The auction will be one of its kind as it will set a $1 reserve price. Neil Tyagi, owner of the Blacktown House in question feels that auctions could also be made interesting and it was only important to depart from textbooks.
Are Australian Household Debt Figures Too High?
In an article for the Property Update, Michael Yardney starts with talking about the opinion of commentators who feel that the Australian households are amassing a great deal of debt on their heads. This is also one of the reasons why they feel the property market might crash. Be that as it may, Yardney believes that the debt amassed is largely because the household incomes have improved a great deal, interest rates are incredibly low and people have been able to procure assets.
Shy Away from Apartments with Foreign Investors
In an article for the website Property update, Michael Yardney talks about the risk of investing in apartment properties that have a fair percentage of overseas owners. In fact, Yardney recommends owner-occupiers against buying in apartments that are dominated by investors.
Foreseeing 2015 Property Market Trends
In an article for the Switzer Daily, John McGrath expresses his lack of bullishness about Sydney’s property market prospects in 2015. He does not expect the market to take a reverse turn but certainly anticipates a mellow down in prices.