Follow these expert tips into your first home purchase

Posted by Simon Dehne on March 14, 2016 in Latest News with No Comments

First Home BuyersFIRST-HOME buyers are used to getting plenty of advice. But those househunting tips from grandpa or Aunty Pat would have been great if you were buying real estate back in the 1980s — not in today’s hot market.

Industry insiders say a savvy first-timer should just smile and nod graciously when family and neighbours put forward their property predictions, then turn to those actually in the know if they want to get serious about buying.

Getting a leg up on the property ladder isn’t what it used to be. Four decades ago, a typical home in a capital city was about five times the average household annual earnings — today it’s up to 10 times that.

Read more.

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