May has been an interesting month in our real estate world. It all started with an interest rate rise but we have really seen the impact of ‘supply vs demand’ affect the outcome of sales. With far lower than normal volumes of property on the market, we have seen a great demand, especially for houses
Easter, School Holidays, and ANZAC Day has seen April fly on by. We also had interest rates put on hold by the RBA with some of the banks even lowering their fixed term rates over the past few weeks. Why is this relevant? We find that buyers purchase when they have confidence in the market
Should you see a mortgage broker? Or should you just go straight to your bank? Should you seek finance pre-approval before making an offer on a property? We answer all of these questions and more in our new video series, Coastwide Quick Chat! Coastwide First National sales agent David Manuelle sat down with Mortgage broker
And just like that it’s the end of March; school holidays and Easter are just around the corner, we have a new Government in NSW, and the Real Estate sales market has seen plenty of activity since our last newsletter. At one point a week ago, we had put 6 sales under contract over 8
We’re proud to see both our sales and property management teams recognised for their outstanding achievement at the national network’s General Excellence and Marketing Awards, held at the Hilton Sydney. The awards recognise the achievements of First National’s NSW agents throughout 2022, with winners now competing for national General Excellence and Marketing Awards, which will be announced
Happy New Year and welcome to 2023! The year has got off to a quick start with the first month flying on by. Our office has been a hive of activity in both the sales and property management sides. On the selling side we have seen our buyer activity dramatically increase compared to what we
On behalf of all the team at Coastwide First National, I’d like to wish you a Merry Christmas and a happy and safe New Year. As a brief snapshot of our year to date, we have sold over 60 properties in 2022, with the median sale price at $780,000. Our average days on market sits
The most important thing to take away from the RBA’s recent rate increase and the likelihood of further increases, is that playing the long game will pay off when it comes to the real estate market. As we move into next year, more and more fixed-rate mortgages are expected to end. In fact, 75% of
And just like that we are heading into the final month of 2022. The FIFA World Cup is in full swing, with our Aussie team back in action later tonight and Christmas is just over three weeks away. On the property front, there has been plenty of positives to take from November. Whilst there was
Purchasing a home is a lifelong goal for many and the current market downturn across Australia might finally be the key to unlocking the property market for first home buyers. The market has recently recorded declines in dwelling values across all capital cities, excluding Darwin. While this may be concerning for homeowners thinking of selling
