Tag Archives: First Home Buyers

First Home Buyers: Why first home buyers are so important to home builders, even when they don’t buy a new home.

Qld home builders have seen home buyers disappear as first home buyers stay away. A lot of home builders are hurting right now, especially in Queensland, where the sale of new homes could be 20% down on 2010, itself a down year. Whilst first home buyers have not been a major force in new home [...]

Home building at crisis point in QLD: Why I feel like the one eyed man in the land of the blind

Home builders australia wide are doing it tough as home buyers shun high land prices. Land prices have hit the ridulous in Queensland, and this is where the pain for the construction industry is worst. There is no other reason but too higher land prices that I can see for people to stop wanting to [...]

First home buyers: Land too pricey for first home buyers

First home buyers stop buying land. So who’s to blame? The home builder, the land developer or the Government? I have been warning for months that the price of land is too dear for first home buyers. And I was at least two years too late, because the Rudd Governments tripling of the First Home [...]

UK House prices tipped to fall says Britain’s biggest lender

In the UK the figures in a survey showed 20% of potential first-time buyers expect to be 40 years old before they buy their first house.
The trend in Britain is showing that the “typical” age of a first-time home buyer may soon increase from 31 to over 40, to up to 44. The concern then is can they then prove they can support a mortgage, as they may require to pay out the mortgage before retirement.

Stockland starts off 2011 with land sale on every block

Stocklands offer house and land packages to make owning that new home easier today Queensland’s largest residential land developer has announced incentives to buy land. It hopes to bring new home buyers into the market sooner to take up the slack of recent sales drop off last year. One thing that I have noticed is [...]

First Home Buyers: New first home saver account [FHSA's] rules

FHSAs were a great idea, but were viewed as complex, inflexible and take too long, so most first home buyers did not take up the offer.
Well now the offer has been upgraded, and hopefully more first time home buyers will take them up.
FHSAs have attractions that are usually overlooked when people are looking for a savings vehicle.

Will cheap homes go lower after the first home owners grant extension lapses?

Whist first home buyers loans increased by $20,000 in this period, it was a case of many buying a better property, or bulding a bigger new home, not prices increasing as has been suggested.

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