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Leonie's blog
High Season, Mortgage Rates and Looking Ahead...
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Window = Opportunity – It’s busy at the 'coal face' with more listings and a continued healthy demand from buyers in high season. There is a level of uncertainty in the market caused by expected interest rate rises and tax law changes that is playing through - for buyers high season coupled with these factors make it a great time to buy! For sellers it’s vital your property reaches the masses with a smart and well executed campaign that beats the competition. I know how to deal in this MARKET, and am continuing to get great results for my clients. If you know someone thinking about selling put them in touch to find out how. I also give generous referral rewards :-)
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Mortgage $$ - The Reserve Bank has said it will review the official cash rate mid-year, and interest rates will start to climb…this isn’t far away! Are you getting the best deal on your lending? Now is a good time to look…I have a preferred mortgage broker and receive great feedback from clients working with them. Send me an email…leonie@leoniesnook.com - it could save you money!
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Looking Ahead - Uncertainty and transitions aside, economists continue to see a positive medium term outlook for property, with healthy housing demand (and a resulting shortage) driven by continued positive net migration, construction levels being low (and slow to catch-up) and an improving economy. If you’re looking to trade up or snag a good investment property now is a great time. Give me a call - 027 664 6063 - and we’ll take it from there.
