When prices are going up, everyone seems happy to pay ever increasing prices and nobody questions whether or not it is a good time to buy. Conversely, when prices are falling everyone sits on the fence waiting for the market to pick up.
In this post I’ll cover off what I’ve learned about buying in a soft market, and how Squirrel can help beyond simply arrange the mortgage.
Housing markets typically move in cycles – often referenced as the ‘property clock.’ Anyone with an interest in property sits around guessing what time it is. If you observed the clock over the past thirty years, it has largely worked out, but right now reading the property clock is getting harder.
It’s time to pull out the crystal ball and talk property prices. With house prices falling in Sydney (4.5% in the past year), the question is, will the same thing happen here? For this post I thought I’d develop a bottom-up ‘economic’ model.
Starting a new role at a new company is always an exciting time. For me, leading up to my start date here at Squirrel, it also gave me an opportunity to sit back and reflect just a little.
As we pass the shortest day and I struggle to get out of bed at a reasonable time, let’s look at 2018 so far.
We’re nearing the mid-point of 2018 and things seem to be simmering away without any obvious signs of changing.
Property isn’t as liquid as you might think. Just try selling an investment apartment in this market, especially one under 50sqm.
There are two significant decisions that you can make right now which will change the quality of your retirement for the better and remove your worry about whether the retirement age is changed or not.
January housing statistics were bleak, and Barfoot & Thompson’s results from February are not much better.
First-home buyers across the country will be feeling a sense of relief as recent mortgage lending figures solidify.
In the ever changing Auckland housing market, the latest evidence is showing that the market is slowing down.