Empower Blog First Home Buyer

State of the Property Market – Melbourne & Sydney

Congratulations to those holding property anywhere where the majority of sales are occurring via Auction, because your house or unit value is on the rise. Based on Property Market Activity its going to run pretty hard for the next 3 months, until interest rates increase from these record lows and market sentiment for property declines, but this is ...

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Housing Affordability Dramatically Improves

Housing affordability improved by 14.6% in the March quarter according to the HIA - CBA First Home Buyer Affordability Report The largest improvements were recorded in Hobart, Adelaide, and Sydney. According to the report, a combination of the boost to the First Home Owners Grant, record low interest rates and relatively stable house prices mean...

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What’s happening in Easter this year?

A shortage of good property and increased interest from First Home Buyers leading up to the June 30 deadline for the Boost Package to lapse is making it hard going for both home buyers and investors in the ‘quality’ locations both in Melbourne and within all major Australian Cities. My comment is twofold this month: 1. Staying the course:...

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The Year Ahead…

February is the start of the mid-year reporting season for Publicly Listed Companies, so it promises to be an interesting month regarding stock price movements and overall market sentiment for 2009. It’s fair to say that given the market has retreated by around 40% from its highs of 2007, some analysts have been quoted that they believe the retr...

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