At least there are if you’ve tuned into mainstream media in the last few months!
It seems as if there is a direct correlation between the agendas of major financial institutions and the information that flows from the channels they use to promote their services. They appear to have a common interest in the buoyancy of the current real estate market.
If you can accept the assertion that things are going great and we’re back on the upswing you no doubt have a pet theory about the high numbers of properties on the market and the historically low sales that are currently occurring ; if this is the case please help us all out because we obviously don’t get it.
What we are seeing in fact is a market that is massively over-supplied and not enough buyers prepared to step up. The smart buyer of the past has become a super cautious investor; not certain of the bottom, fearful of threats to superannuation, ongoing GFC’s in Europe and now Asia.
The longer this goes on for; the lower prices will fall. We read the signal for a turn around as the push from all the experts, media and the banks to talk up the market and this has started in earnest.
There are a massive number of properties for sale in Australia and each one of these is only looking for one buyer so competition for that buyer is at an all time high.
NMD Data is an organisation that lives and breathes the ebb and flow of the Australian real estate market. It lists and identifies a category of real estate that historically offers a built in buffer zone. At a time when buyers are confronted with so much choice NMD Data has shortened the distance between investors and genuine opportunity.
The standard product listed on nmddata.com.au is one that must be sold, and frequently sold undervalue (10 to 30% in todays market). Distressed property, deceased estate property, mortgagee sales are the standard fair at nmddata.com.au, the website performs a service to the finance industry and now is probably one of the best windows of opportunity that NMD has ever seen.
The list of key markers starts with lowering interest rates (and going lower?), market over-supply right across Australia, prices at a 2 year low and too few genuine buyers. This is a genuine buyers market – if you are well funded as an investor, first home buyer or upgrader/downsizer the opportunities are abundant to get it absolutely right with NMD Data.
NMD Data offers inexpensive membership at its website (nmdata.com.au); as a member you’ll receive unfettered access to Australia’s most comprehensive source of distressed real estate, you’ll also receive a monthly newsletter (E-newsletter) packed with up to the minute perspectives of the current market, so
Gain the investment advantage and Join today - the rest as they say is up to you!
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
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