Tuesday, June 11, 2013

Harcourts Australia announces Increase in Residential Sales to First Time Home Buyers

By Colin James


(Hobart) Although big banks are still hesitant to lend money, regularly requiring a deposit of 30 to 40 percent, first time home buyers remain committed to purchasing. According to the Real Estate Institute of Tasmania, those purchasing a home for the first time made up 19 per cent of sales in quarter 1 of 2013.

The mean price of homes for sale in Hobart dropped by 1.4 per cent with the median price of those in Launceston dropping by 4.4 per cent. Against this, the median price of north west houses increased 7 per cent. "First time home buyers need to consider all when determining where and when to buy their new home," Tony Morrison, CEO of Harcourts Tasmania explains.

Consider a home in East Launceston featuring four bedrooms and two baths, this home has been reconstructed and extended to supply a functional and recent residence while still keeping the period character. First time purchasers may find a solid brick veneer home in Norwood better meets their desires and their budget. "Property representatives work with each client to establish what is required in the new home and which properties best meet these needs," Mr Morrison continues.

Others may opt to go with a home in West Hobart, one featuring traditional timber features and Hobart red brick solid construction or one in South Hobart offering sunlight, privacy and 180 degree views. "The objective of Harcourts Australia is to sit down with each client and decide exactly what they need and want when it comes to their new property. Once this has been settled, appropriate properties are selected for viewing. Clients are too busy or money to waste and the employees at Harcourts understand this. They work to get rid of those properties which are not appropriate before the client ever sees them," Mr Morrison goes on to say.

Harcourts Australia offers a wide range of house properties to meet every budget, including houses, town houses and villas. Land is available for those wishing to build their perfect home, with retirement living accommodations for people that are looking to sell property as part of a downsizing process. "Harcourts Australia understands that different folk have different wishes and works to find the perfect property for each client who walks through the door," Mr Morrison declares.




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