For people looking to move home around Rockingham, Kwinana and Baldivis, there’s great news from Western Australia’s land authority. They say that confidence in the property market has increased again during February, 2013. This means that mortgage brokers in Rockingham and the surrounding areas will continue to see a rise in business over the coming months.
Where the land authority talks about an increase in activity, this means that there are more transfers, new mortgages and land releases recently, compared to this time last year.
Mike Bradford, Chief Executive of Landgate suggests that the report shows that 10% more documents are being lodged with the land authority compared to 12 months ago.
All Property Sizes Are Selling
For the property market to function well, all sizes and values of property must show a good amount of interest, from the first-time buyer all the way up the million-dollar properties.
Fortunately the first-time buyer’s market is very active at this time of the year. When first-time buyers start to enter the market, second time buyers are able to sell and move on and the property chain continues.
While everyone can benefit from meeting with their mortgage brokers in Rockingham, first-time buyers should take professional advice to find the best deal available to them. A mortgage broker will source the best deal applicable to the people applying. The mortgage broker can also help first-time buyers by guiding them towards the size of mortgage that will match their budget and affordability, before they start looking at the wrong sized properties.
There appears to be a return to a normal level of market activity during the early part of 2013 and where this includes properties valued above $1 million, homeowners and traders are all able to be active in seeking their mortgage broker’s advice.
Easter Is Always A Good Time to Sell Your Property
Should the increases in property changes and sales continue, activity should move to about 12% increase when a year-on-year comparison is completed. Fortunately, with Easter on the way soon, there is usually an increase in mortgage and home loans business because people have the time to go out and look at a range of properties.
February’s figures were over 5% higher than the five-year average for the month, which shows that the trend for recession is now firmly in the past.
Home loans experts in Rockingham, Baldivis and Kwinana are well-prepared to meet with more people in the coming months to offer professional advice around mortgages and home loans so that they can advise people which deals are available and suitable and for those who simply wish to upgrade their current property, new advances are now available.