We feel an undying love for home ownership and this has made us the country with the maximum percentage of home owners. But I feel our love for brick and mortar goes further than this. It is not just home ownership but investment in property, too, which gets a lot of attention from our side. So, the first time we have enough cash to spare or we have saved enough equity, we take the property market plunge as investors.
Tracey's Property News
Traps of Real Estate Investments
While there is no denying the potential of the real estate sector, traps and pitfalls at various stages make the property market game a wee bit difficult for novices. Even seasoned players fail to get it right all the time. This can be put down to variety of hurdles- psychological and real. Within the ambit of this article, let us take up a few of these.
Is Population Growth a Good Real Estate Indicator?
For the website Your Investment Property, Nila Sweeney weaves an article around the expert opinion of Jeremy Sheppard, creator of DSRdata.com.au. Sheppard believes that population growth is a property market indicator that misfires more often than not and this is because the indicator is often misinterpreted.
Possible Traps of Refinancing
In an article for the website Property Update, Andrew Mirams talks about the traps associated with refinancing. To define, refinancing is when you pay out the running mortgage with a new loan. There can be a variety of benefits of refinancing, including but not limited to, equity build-up and savings on mortgage payment. This, however, does not ward off the pitfalls, which Mirams discusses at length in his piece.
Should we Specialise or Diversify in the Property Market?
Diversification is a sound investment principle and there are many schools of reasoning which support the idea. Hundreds of case studies accumulated from the past will tell us how diversification in the property market helped rout out fears of decline in capital growth or fall in rental yield. But we do take time to sit back and notice the other extreme.
Eastern Suburbs Rental Market Reaches New Highs
An article on the Property Observer emphasises on the booming rental market in the Eastern Suburbs, Sydney. It has proven so historically and now in the context of the immediate reference point (March Quarter), the Eastern Suburbs is also coming up trumps.
