Tag: selling a house

Best time of year to buy and sell your home in Sydney

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HOUSING DEBT

The best time to sell in Sydney revealed. Picture: NCA NewsWire / Nikki Short

Selling property has often been associated with spring – but March is actually the best time of the year to sell in Sydney, a new PropTrack study reveals.

The research showed that March homeowners tended to get higher prices for their properties than those who sold at different parts of the year.

PropTrack senior economist Paul Ryan said it was a factor worth taking into consideration when looking to sell.

“At the peak of the average, you can get around $10,000 more return, which is a

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Elderly couple told they had to sell home to house asylum seekers

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Councils are compulsorily purchasing empty properties to meet a surge in the number of asylum seekers being granted leave to remain in the UK.

Council chiefs have complained they are not being given enough time to find alternative accommodation for successful asylum seekers because of the Home Office’s faster decision-making to clear huge backlogs of cases.

The policy has been highlighted by the light of an elderly couple who were told they had to give up their home to asylum seekers because of a shortage of suitable accommodation.

Jose and Ted Saunders said they were “shocked” to be told by

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Meet the housing market’s new normal, 7% mortgage rates and all

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Mortgage rates are high and housing inventory is tight, but some experts see the market’s deep freeze starting to see this spring.

Homebuying started to pick up during and after the holidays. Existing home sales increased 3.1% from December to January, according to the National Association of Realtors. Meanwhile, the inventory of unsold existing homes rose 2% from December to January, totaling around 1 million at the end of last month, slightly expanding buyers’ options.

“While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” NAR chief

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