Dynamic Markets Make Seller Finance More Relevant | Rick Otton Investment Tips

Brisbane_Aerial_Shot

Recent statistics reported by the Financial Review highlighted a very interesting trend in Brisbane. It mentioned that inner city growth is more in ‘bubble’ territory than the outer suburbs, and that the outer suburbs are 50% less expensive than the inner city suburbs. read more

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Why Seller Finance Makes Sense In A Rising Market – Rick Otton Analysis

Why Seller Finance Makes Sense In A Rising Market – Rick Otton Analysis

The Real Estate Institute of Queensland found that properties in the southern part of Brisbane’s CBD are among the fastest selling in Queensland. here is the average time to sell property in these areas: read more

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Rick Otton Analysis: Biggest Obstacles People Face When Buying A House

Homebuyer-Demographics

According to a housing sentiment survey from realestateview.com.au, the biggest obstacles to buying a home according to Sydneysiders are the following:

  • Rising property prices (48.6 per cent)
  • Stamp duty costs (44.7 per cent)
  • Inability to save for a deposit (41.9 per cent)

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Rick Otton Tips: Defining Affordability

Rick Otton Tips: Defining AffordabilityAccording to the BOQ Autumn’s Buyers’ Guide 2014, only 2.3% of suburbs in Melbourne were below $300,000. While on the unit front, 12.2% were valued under $300,000.

The research was meant to identify which areas had affordable houses to regular Aussies. And it appears that $300,000 is more or less the peg if a property is affordable or not.

And unfortunately, in the current property market, homes valued less than $300,000 are becoming scarce. But should current market conditions rob people the chance to own their own home? read more

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Rick Otton: Seller Finance Is More Relevant Today Than Ever Before

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Awesome!

May 08, 2014 by Raffy

Awesome! Thanks for this wonderful info


Rick Otton Creative Real Estate Podcast , USA 5.0 5.0 1 1 Awesome! Thanks for this wonderful info

Rick Otton: Seller Finance Is More Relevant Today Than Ever Before

Shelter is important. In fact, Anglicare’s director of advocacy and research, Sue King, said that people would rather go hungry than go homeless. At the end of the day, having a place to stay is the main priority of most people. read more

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