We hope you've enjoyed your holiday period (hopefully you've had some!), get ready for an interesting year and one of opportunity.
The economy hasn't been this weak for some time and we see 2009 as a year in which many will look back on as a great year to purchase Real Estate.
We should see a rather strong 1st homebuyer market with property priced below $500,000 still selling well in inner city areas. The family home market should be really tough for sellers, a great chance for a homebuyer to purchase their dream home especially those priced North of $1 Million.
Never before in history, has as much money being sitting in Australian banks as there is at present.
With interest rates expected to fall further we should see a number of investors take conservative property investments. Rents are still strong; in fact we are close to seeing properties being positively geared for the 1st time in a long time.
Here we go to 2009!
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