Real Estate Review
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What is the focus of this week's Real Estate Podcast?
It's the Real Estate Podcast across every state, city and town of Australia. And welcome to another episode of the Real Estate Podcast available on iHeartRadio and also Spotify and Apple Podcasts or wherever you get your podcasts from. Well, it's another Sunday. Yes, your weekend continues around Australia. It's the 3rd of July for 2022. Coming up, we've got the Sunday Week in Review. It's a look back on some of the news and interviews that we've done over the last seven days. Also, Amy is here with details about how you can now enter the Hunter Valley Prize that we're giving away. Now, you need those seven secret words to go into the drawer. If you didn't write them down, you can go back and find them in previous podcasts.
Let's have a look at who is celebrating a birthday today. It's Tom Cruise. He's got the big number of 60. And he's got the big movie out, of course. Anybody that I know that has seen the movie is raving about Top Gun. And if you are celebrating your birthday today, have a great Sunday. The competition is now open. You can enter the Hunter Valley Prize giveaway. Remember, you need seven secret words. If you are not a Breakfast Club member yet, you can put in the header, new Breakfast Club member, and please include your phone number. We need to be able to contact you if you win. You can email us at myrealestatepodcast at gmail.com. Entries close on the 10th of July. Good luck. Grab your coffee and switch on your real estate breakfast every weekday morning from 6.30.
It's the main centre forecast with propertybuyer.com.au. All right, looking at your Sunday weekend weather. First, we go to Sydney expecting more rain and a high of 17 degrees. In Melbourne, expect some more cloud around, but it should be mainly dry and 13 degrees. Brisbane, also some cloudy bits but a mainly dry Sunday and 21. And in Perth, expecting blue skies and your high today is 20. From first home buyers to property investors and everything in between, every morning on The Real Estate Podcast. It's your real estate weekend podcast in review. What about the confidence? Do you feel like that confidence with the buyers and I guess, you know, vendors is creeping back now into the marketplace?
What are the details about the Hunter Valley Prize giveaway?
I feel it was last week and moving forward. There's a bit more certainty around interest rates. There's good job security at the moment and people know where they're at. There's no mysterious what's going to happen in the future. Everybody knows where the interest rates are headed, that they're going to go up. So they're budgeting for that. What are you making of people's budgets at this moment in time? Yes, everyone's being a bit more careful, but unlike last year when people were just low interest rates, don't care, I'm going to pay the most money I possibly can. Now everyone's a bit more measured and more sensible. It's more predictable now, I feel, moving forward. And talking about being measured, I believe that when it comes to buffers, you like to have a bit of a conversation with regarding one price and then the buffer price.
Tell us a little bit about that conversation. I always have that conversation with buyers. I think it's important because you'll always have that price or a buyer will always have that price that they'll high five their mates at the pub. Yes, I bought this property yesterday, but I always say it's really important to have that buffer price as well. The push comes to shove price because you don't want to wake up the next day and go, I should have had another bid. I should have had a buffer on that. So we always have that conversation just before auctions and sales. So people People don't walk away. Enjoy your morning coffee. It's your real estate weekend podcast in review. Okay, so phasing out stamp duty is going to reduce the deposit hurdle, which is a major barrier for first home buyers.
How much do you think of a bump in the number of people now getting into the market that you'll start to see benefiting from this move? Mate, we're already seeing that people calling in clients that we would have spoken to over the last six to 12 months who didn't have the deposit just yet.
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Chapters
4 chaptersSpeakers
2 identifiedMore from Aussie Real Estate Podcast
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