Writing an article for the website Property Update, Shannon Davis asks when the time to stop thinking about expanding the property portfolio should be. The real estate game, after all, can get addictive. Once property investors begin to understand how the property market can “supercharge their wealth”, there is no looking back. They keep jumping from one property to another in order to increase their wealth base. However, is it an endless lane? Let us find out what Davis has to say.
Tracey's Property News
Finding the Sweet Spot of An Investment Property
Why is one area a smart choice for property investment while another area makes for a very poor alternative? What should you consider before buying a rental property? Foresightedness is crucial. You will have to anticipate which area is likely to turn into a seller’s market in foreseeable future. The idea, after all, is to pluck the fruits and reposition your property investment into the next big area….and the process goes on.
New Home Sales Figures for 2015-16
An article on the website The Adviser anticipates healthy figures for new home sales in the year 2016. There has been a modest dip in July but it is no reason to worry. Sale of detached dwellings has come up by 0.7% in the month running up to July. However, it has fallen 2.8% in three months leading to July and this brings the figure, 3.4% below what it was at the same time last year.
While the indicators do not point towards a phenomenal 2016, there are good reasons to believe that the coming year will work out well, cushioned by the good work done in the last three years.
You can read the original article here.
Additional Costs Attached With Property Purchase
Andrew Mirams writes a piece for the website Property Update where he talks about the extra costs associated with a property purchase. Your upfront deposit, after all, is not the only payment you are going to make.
Are Overseas Buyers Actually Raising Property Prices?
Kate Cull writes an interesting article for the website Property Update, saying that overseas buyers in general and Chinese investors in particular are believed to have caused the exponential rise in property prices in Sydney and Melbourne.
Questions You Should Ask Before A Property Purchase
When hunting for a property, we often find ourselves in a magical world where agents create delightful images of the property we are eyeing. These sellers’ agents would go to any lengths to magnify the quality of a real estate property. It then becomes very important that you conduct your own research- a forensic level research-and then only get ahead with the property purchase.
