A promising trend

The number of new residential listings entering the Australian property market has dropped below the twelve month average for the first time since the last quarter of 2007. This is an encouraging sign for the residential real estate market, as total stock levels have been mounting since the beginning of the year.As fewer vendors decide to place their property in the market the total stock curve is flattening, suggesting that supply and demand are striking a healthier balance. This is encouraging to people wanting to sell but have had difficulty with the value of there home.

Today I was doing some figures for Blackalls Park and it was interesting to see that growth in the area for the first quarter of 2008 went backwards by 4.1%. Hopefully with the levelling of stock that growth will slowly begin to climb again. to view some great bargins go to www.nobullrealestate.com.au

A promising trend

The number of new residential listings entering the Australian property market has dropped below the twelve month average for the first time since the last quarter of 2007. This is an encouraging sign for the residential real estate market, as total stock levels have been mounting since the beginning of the year.As fewer vendors decide to place their property in the market the total stock curve is flattening, suggesting that supply and demand are striking a healthier balance. This is encouraging to people wanting to sell but have had difficulty with the value of there home.

Today I was doing some figures for Blackalls Park and it was interesting to see that growth in the area for the first quarter of 2008 went backwards by 4.1%. Hopefully with the levelling of stock that growth will slowly begin to climb again. to view some great bargins go to www.nobullrealestate.com.au

A promising trend

The number of new residential listings entering the Australian property market has dropped below the twelve month average for the first time since the last quarter of 2007. This is an encouraging sign for the residential real estate market, as total stock levels have been mounting since the beginning of the year.As fewer vendors decide to place their property in the market the total stock curve is flattening, suggesting that supply and demand are striking a healthier balance. This is encouraging to people wanting to sell but have had difficulty with the value of there home.

Today I was doing some figures for Blackalls Park and it was interesting to see that growth in the area for the first quarter of 2008 went backwards by 4.1%. Hopefully with the levelling of stock that growth will slowly begin to climb again. to view some great bargins go to www.nobullrealestate.com.au

The coffee machine syndrome

A wise man once taught me that what you put out is what you get back. If time is spent standing around a coffee machine talking about how bad the market is when you get down to work all you will think is doom and gloom.

In a tough market you need to keep a positive attitude to what the market is doing. In Newcastle at the moment, every suburban street seems to have 4 or 5 for sale signs up. To most this would seem that there is an over supply of houses, but to the positive thinker, what a wonderful opportunity to buy at a discounted rate. a lot of vendors are now realising to get sold, they need to reduce their asking price, otherwise their property is going to sit there and get the label ’something is wrong with it’.

Dont get caught up in the talking down of the market by standing around the coffee machine, get out there and make the market work for you. To view some properties that might suit your needs go to http://www.nobullrealestate.com.au/

The coffee machine syndrome

A wise man once taught me that what you put out is what you get back. If time is spent standing around a coffee machine talking about how bad the market is when you get down to work all you will think is doom and gloom.

In a tough market you need to keep a positive attitude to what the market is doing. In Newcastle at the moment, every suburban street seems to have 4 or 5 for sale signs up. To most this would seem that there is an over supply of houses, but to the positive thinker, what a wonderful opportunity to buy at a discounted rate. a lot of vendors are now realising to get sold, they need to reduce their asking price, otherwise their property is going to sit there and get the label ’something is wrong with it’.

Dont get caught up in the talking down of the market by standing around the coffee machine, get out there and make the market work for you. To view some properties that might suit your needs go to http://www.nobullrealestate.com.au/

The coffee machine syndrome

A wise man once taught me that what you put out is what you get back. If time is spent standing around a coffee machine talking about how bad the market is when you get down to work all you will think is doom and gloom.

In a tough market you need to keep a positive attitude to what the market is doing. In Newcastle at the moment, every suburban street seems to have 4 or 5 for sale signs up. To most this would seem that there is an over supply of houses, but to the positive thinker, what a wonderful opportunity to buy at a discounted rate. a lot of vendors are now realising to get sold, they need to reduce their asking price, otherwise their property is going to sit there and get the label ’something is wrong with it’.

Dont get caught up in the talking down of the market by standing around the coffee machine, get out there and make the market work for you. To view some properties that might suit your needs go to http://www.nobullrealestate.com.au/

Is there a change coming?

Latest figures are showing that the number of new listings to the market have eased. Many vendors it seems are deciding to wait until the market recovers.
With the slow down of new listings to the market and the levelling of stock it is great news as it shows an equilibrium of supply and demand.
With the average rental return across Australia being 6%, some regional areas like Newcastle are achieving above the national average. Because of cheaper sale prices in Newcastle than in major cities like Sydney, but high vacancy rates, the return on investment is greater.
If you are cashed up, now is the time to buy.
To view some great bargains, go to www.nobullrealestate.com.au

Is there a change coming?

Latest figures are showing that the number of new listings to the market have eased. Many vendors it seems are deciding to wait until the market recovers.
With the slow down of new listings to the market and the levelling of stock it is great news as it shows an equilibrium of supply and demand.
With the average rental return across Australia being 6%, some regional areas like Newcastle are achieving above the national average. Because of cheaper sale prices in Newcastle than in major cities like Sydney, but high vacancy rates, the return on investment is greater.
If you are cashed up, now is the time to buy.
To view some great bargains, go to www.nobullrealestate.com.au

Is there a change coming?

Latest figures are showing that the number of new listings to the market have eased. Many vendors it seems are deciding to wait until the market recovers.
With the slow down of new listings to the market and the levelling of stock it is great news as it shows an equilibrium of supply and demand.
With the average rental return across Australia being 6%, some regional areas like Newcastle are achieving above the national average. Because of cheaper sale prices in Newcastle than in major cities like Sydney, but high vacancy rates, the return on investment is greater.
If you are cashed up, now is the time to buy.
To view some great bargains, go to www.nobullrealestate.com.au

The current market

As oil prices continue to soar, the cost to families have created mortgage stress for many. With an oversupply of properties being offered for sale, it has become a real buyers market. If you are cashed up, now is the time to buy.
On the rental side of things vacancy rates in Newcastle have eased slightly in the last month, but vacancy rates are still very low at around 1.6%. A great opportunity for all investors to buy one of many properties that are currently for sale very cheap and rent out for great rental returns.
If you are trying to sell because of mortgage stress, you are more likely to end up going backwards. A lot of families have refinanced over the last couple of years and the value borrowed against the home at that time is now more than a lot of homes are worth in this current market.
With the Reserve Bank doing all it can to stop inflation locally, it is very hard for them to control world prices and the upward trends being experienced at the moment.
With talk now of food prices to go up because of the fuel price, we are about to hit bad times. Families stretched now are going to find it tougher.
Keep in mind if you are selling, that even if you end up taking less than you wanted, you have great bargaining power when it comes to buy. What you lose on the sale of your property, you can recover on your purchase.
Check out our wwebsite at http://www.nobullrealestate.com.au/