Springtime means warmer weather, greener gardens and longer sunshine hours. It also means the start of the spring selling season.
Stretching from early September to late November, the improved weather usually has both buyers and sellers in a positive frame of mind. This often translates into a number of extra properties on the market.
With interest rate uncertainty and concerns for global financial markets slowing down the 2011 season somewhat, John Symond says the 2012 spring is a fantastic opportunity for those looking for a new property.
“We’ve never had a wider choice of homes and apartments to choose from. There are more properties on the market than at any other time in Australia’s history.”
“Combine this with cheaper and hopefully even lower interest rates later this year and it’s a great time for home buyers to be looking at property.”
For buyers, getting in early can often be a good idea. There are a number of houses on the market but not as many buyers to compete against compared to the backend of the season. Increased competition at the end of the season can also drive house prices up.
With many buyers’ agents suggesting it’s prudent to be the first cab off the rank to beat the rush, Symond says it’s also important to do your homework before you dive head first in to the market.
“Understand which is the best loan is for you. Go and talk to an expert Aussie Broker to find out the best sort of property that is suited to your family’s needs and in your budget.”
“If you do your homework right and don’t over commit, you’ve got a great buying opportunity in the coming months.”