Hatch Financial Services News

AUSTRALIA’S much-debated property ”bubble” may not have burst but recent data shows house prices are deflating, posting their worst quarterly decline in a decade. Read more

I do not think that this headline will be “news” to many but thought that those wishing to understand the housing market might find this information helpful to know and understand… Read more

Your home is going on the market and you want to ensure it sells for the best possible price. How do you go about it?  The obvious answer is to make sure it looks good, but this is not the only selling strategy that counts. Take a look at our top six tips for attracting a sale. Read more

In the May newsletter, we started looking at the options available for would be first home buyers trying get into the market in the face of rising property prices and generally without a large deposit. Read more

Yesterday i posted REIV stats showing that median house prices in Melbourne continue to increase at a solid rate…hot on the heels of the REIV report came an interesting article in the Herald Sun (August 10, 2010), showing that prices of property in the $1M+ price range have fallen by 15% from their peak.  The Herald Sun reported: Read more

From a Melbourne-wide perspective, the median price of a unit or apartment increased by 4.7 per cent from $442,525 to $463,215. This was a smaller increase than the 8.5 per cent recorded for houses in the quarter; however, demand in the unit or apartment market is proving more stable than it is in the house market. Read more

The REIV has released the June quarter median prices which reveal that the median price of a house in Melbourne has increased by 8.5 per cent to $559,000 from a revised $515,000 in the March quarter. Read more

Some very clear trends have emerged in the marketplace over recent months, namely: Read more

Interest rates might be down and the government might be giving first home buyers up to an extra $19,000 but getting finance for your first home has got far tougher in 2009. Read more

The sub-prime hurricane that hit the US in 2007 has left a trail of destruction in its wake around the world.  Banks are now the only 100% safe place for Australians to keep their money, the share market has plunged more than 25%, finance is harder to get at every level, the rate of “mortgages in default” has risen and housing prices have fallen (on average between 2-10%). Read more