Why 2020 is a great time to buy Real Estate

2020 is shaping up to be a fantastic time to buy a property in real estate….

Interest rates have dropped three times this year, and in actual fact, they are the lowest interest rates in Australian history.

What we’ve found is that the banks are loosening their lending requirements and there’s a lot of buyers back in the market who are actually getting their loans approved a lot easier.

And, with the schemes that are in place with the government, with regards to free stamp duty up to $650,000 and the government deposit reduction, most buyers are entering the market with a lot more consumer confidence.

If you are looking at buying a property in 2020, I certainly recommend that you get your pre-approval in order, and make sure you keep that activated so that when the right property does come along, you can secure it.

I strongly recommend that you do connect with Dignam Real Estate on our social media platforms (Facebook & Instagram) or subscribe to our Property Pulse, which is sent out on a Thursday, so you can be made aware of what properties are coming on the market prior to the weekend.

If you need any help or advice, please contact myself or one of my team and we can certainly help you to secure your dream home.

Yours in Real Estate,
The Dignam Team

Posted on 9 Feb, 2020