Jamie McIntyre – Property Prices On The Move

In the news this week, the Australian property market is proving to be extremely resilient as the G20 nations plan to inject $1 trillion into the  world economy to boost liquidity and global confidence. A report released by RP Data this week shows Australian property values have grown by 1.1% in the first 2 months of 2009 after falling by a modest 3% in 2008.

We have been a lone voice in the property market advising clients that the property market is about to move. History shows us that when the broader economy cools, unemployment rises and interest rates fall. As rates fall, the first groups to be enticed back into the market are first home buyers and investors. This is exactly what is happening right now.

Yes it is true that the extra first home buyers grant is adding fuel to the fire however, it is high affordability driven by low interest rates that is the true catalyst.

The Australian property market, in particular Melbourne and Sydney, is entering the start of a new growth phase which will continue to gather momentum and peak in 2011/12.

Residential Property Market Back in Black as Property Values Bounce Back

The resilience of Australia’s housing market has also been underpinned by our robust banking system, which CBA recently reporting that its 90-day mortgage default rate was a stunningly low 0.38 per cent.Read More

Rapid-fire rate cuts set to take the brake off property

In the February Edition of Australian Property Investor magazine we wrote that despite the gloomy media reports about the global economic outlook, big cuts to Australia’s official interest rate will create ideal buying conditions in 2009 and beyond. The trends are developing. Read More

G20 agree to $US1 trillion global cash injection

The British Prime Minister, Gordon Brown, has declared the end of the “old Washington consensus” and unveiled a unified, $US1 trillion injection for global economies Read More

Upcoming Seminars – 2 Day Property and Finance Mastermind Seminar

MELBOURNE: Saturday 18th – Sunday 19th April 2009   Melbourne Office, Building 21/ 75 Lorimer Street, Southbank VIC 3006     TOWNSVILLE, AUS: Saturday 2nd May – Sunday 3rd May 2009   Townsville: Rydges Southbank 23 Palmer Street South Townsville, QLD 4810     SYDNEY: Saturday 13th – Sunday 14th June 2009   Holiday Inn, 203 Victoria St, Potts Point NSW 2011     PERTH, AUS: Saturday 27th – Sunday 28th June 2009   Venue TBA Perth For more information and to register CLICK HERE Phone 1800 100 801 book your seat BONUS GIFT! Every person who attends the 2 Day Property and Finance Mastermind seminar receives a FREE Property Due Diligence Kit worth $295, PLUS a copy of Jamie McIntyre’s book ‘What I didn’t learn from my Real Estate Agent, but wish I had’