Harcourts Australia announces Increase in Residential Sales to First Time Home Buyers

By Colin James


(Hobart) Although big banks are still nervous to lend money, often requiring a deposit of 30 to 40 percent, first time house purchasers remain committed to purchasing. According to the Real Estate Institute of Tasmania, those purchasing a home for the first time made up 19 percent of sales in quarter 1 of 2013.

The typical price of homes for sale in Hobart dropped by 1.4 % with the average price of those in Launceston dropping by 4.4 %. In contrast, the average price of north west properties increased 7 %. "First time house purchasers need to consider all when determining when and where to buy their new home," Tony Morrison, Chief Executive Officer of Harcourts Tasmania explains.

Consider a home in East Launceston featuring four bedrooms and two baths, this home has been refurbished and extended to offer a functional and contemporary residence while still maintaining the period character. First time buyers may find a solid brick veneer home in Norwood better meets their desires and their budget. "Property representatives work with each client to ascertain what is required in the new home and which properties best meet these needs," Mr Morrison continues.

Others may choose to go with a home in West Hobart, one featuring conventional timber features and Hobart red brick solid construction or one in South Hobart offering sun, privacy and 180 degree views. "The target of Harcourts Australia is to sit down with each client and identify exactly what they want and need when referring to their new property. Once this has been revealed, acceptable properties are selected for viewing. Clients have no time or money to waste and the staff at Harcourts understand this. They work to dump those properties which are not suitable before the client ever sees them," Mr Morrison goes on to claim.

Harcourts Australia offers a wide range of home properties to meet every budget, including houses, town houses and villas. Land is available for those wishing to build their ideal home, with retirement living accommodations for those that are interested in selling property as part of a downsizing process. "Harcourts Australia understands that different people have different wishes and works to find the perfect property for each client who walks through the door," Mr Morrison declares.




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