All Topics / Help Needed! / How to make money in the current market?
Broad question im aware, but interested in some comments from the people in the know here
inflation is high, interest rates have gone up, might go up again soon.. most cities are recording lower house sales each week,house loan applications have dropped… basically it aint the best time right now to be selling a house, so what do you guys do? hold till it picks up.. or ??Hey Soilder,
Houses are still selling depending on Location.
First home owner markets will always be booming. Especially with all the varations in Loans.Houses from the $220,000 to $300,000 are constantly selling in My area.
Aslam Sargeant,
Looking to buy property?
http://www.isoldmarsden.com.auOriginally posted by Sargeant:Houses from the $220,000 to $300,000 are constantly selling in My area.
Isn’t that price range in the lower quarter of the market and correct me if im wrong but isn’t that the best price range for investors to go into.
Originally posted by Sargeant:Houses from the $220,000 to $300,000 are constantly selling in My area.
In my region (country Vic), houses are still selling well in the $175k – $225k range. Interestingly, some of these houses were last sold in the $225 – $275k range, or first advertised thereabouts.
Some in the higher range have not been reduced, and have been ‘on the market’ for over 18 months.
F.[cowboy2]
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