OVER ANALYSING THE PROPERTY MARKET If you’re a little confused by what you read in the media, join the club. Words such as ‘boom’, ‘property prices up, leaping 6.4% in a quarter’, ‘this data’, ‘that data’, ‘this economist said’, ‘that economist said’ etc., etc., etc. All sensational headlines and journalists have to write something – but just remember the fundamentals of property: POSITION, POSITION, POSITION AND LONG TERM. Whenever making a real estate decision stick to the basics and if ever in doubt, seek professional advice! Yes, interest rates remain at record lows – so should I lock them in? Or, should I stay with a variable rate? Again, seek professional advice. Outstanding results for the day were: 3 Willow Street (bit.ly/1nEJvDf), an outstanding contemporary Malvern home and 26 Molesworth Street (bit.ly/1CGOqgy) an architecturally timeless home in Kew, both selling for undisclosed prices. -JB
Posted on: Sun, 07 Sep 2014 23:31:43 +0000
Trending Topics
Recently Viewed Topics
© 2015