Michael Kalinovski | Real Estate | Century 21

Should You Buy Before You Sell ? Michael Kalinovski The short answer is to sell your current property first if you want to move, and buy a new home first if you want to stay put. This simple strategy has a few advantages: Sell your current home first. You generally don't have to pay rent on two homes at once, so selling your current property first can save you money. But more importantly, it means that if you end up not liking the new home and decide not to buy it, paying rent is the only cost of that decision. If you'd bought a new home before selling your old one, you'd have paid both an option fee and rent on the new house while still paying the mortgage on the old one. Hold back on buying a new home until after you've sold your existing home. This means you won't have to pay interest on a mortgage while waiting for your old home to sell. It also means that even if you decide not to buy a new home after all, or change your mind about where you want to live, you...

Top Tips for Selling Your Property If you’re selling a property, there are many tried and tested strategies you can use to increase your chances of selling and maximise your sale price. Remember that much of your home’s value comes down to how it is perceived by people in the market. So, if you’re looking to create a great first impression and squeeze a little more out of prospective buyers, these tips could help. 1. Fix those small jobs There’s nothing worse than a potential buyer looking around your home and seeing lots of fiddly jobs that haven’t been finished. In their head, they’ll be thinking that the house hasn’t been looked after particularly well and that maintenance has been low on your priority list. If there are a few unfinished projects, now’s your chance to get them sorted and give buyers the impression that your home has been well cared for. 2. Clear the clutter It’s important to create a picture in a buyer’s mind where they can see themselves living in your home. A hous...

Sans Souci NSW 2019 December 2021 Market Update  Michael Kalinovski The extraordinary momentum carried over from 2020, coupled with monetary and fiscal stimulus measures has contributed to an unprecedented year of growth and litany of outstanding results for the Australian residential housing market. The estimated value of Australia’s residential real estate had gone from $7.2 trillion at the end of November 2020, to reach a record high of $9.4 trillion in just 12 months. In addition, sales volumes climbed to an estimated 614,635 in the past 12 months, the highest level in almost 18 years, as dwelling values nationally increased 22.2% in the 12 months to November, the highest increase since 1989. Strong housing market performance over the year was driven by multiple factors, including low-interest rates, fiscal and institutional support for households, high household savings, and relatively low levels of advertised stock. Rates of housing turnover had also been relatively low for s...