Welcome to Episode 23 of '2 P’s in a Pod', where we dive deep into the ebb and flow of the real estate world! This week, hosts Max and Joseph Pisano pull back the curtain on the mysteries of mortgages, discuss the latest in banking updates, and explore the intricacies of investment loans. And that's not all - we're joined by special guest Jodie English, a seasoned buyers and vendors advocate, who shares invaluable insights on the current market, buyer behaviours, and the pivotal role of advocates. Whether you're a first-time homebuyer or a seasoned investor, this episode promises a wealth of knowledge. Don't miss out as we decode interest rates, understand the dynamics of auctions, and much more. Tune in and get ahead in the property game!

1. Introduction:
    - Hosts: Max Pisano and Joseph Pisano.
    - Themes: Real estate, banking, mortgages, market insights, bank updates on mortgages and investment loans, and Q&A.

2. Special Guest: Jodie English, a buyers and vendors advocate.

3. Update from Previous Episode: Positive feedback received.

4. Current News (September 6th): Discussion about banks and interest rates.

5. Interest Rates Discussion:
    - Recent changes in rates and their implications.
    - Challenges faced by banks, especially CBA, in the current market.
    - Observation about fixed interest rates.

6. Market Sentiment and Buyer Behavior:
    - Strong buyer interest despite rate fluctuations.
    - Current challenges for buyers and their reactions.
    - Jodie shares her observations on buyer behaviour and market strength.

7. Inflation and Rate Implication:
    - Speculations and observations about inflation and its potential impact on rates.
    
8. Buyer's Strategy and Savings:
    - Strategies adopted by potential buyers in reaction to the market.
    - Insights on increased savings and larger deposits by buyers.

9. Market Perspective from a Selling Agent:
    - Insights on auctions and their outcomes.
    - Observations on diverse market behaviours within close geographical proximities.

10. Affordability of a Buyer's Advocate:
    - Perceptions about the affordability of buyer's advocates.
    - Importance of understanding the services offered by advocates.

11. Ethical Standards of Buyer's Advocates:
    - Discussion on the ethical considerations and practices of buyer's advocates.
    - A look at different payment structures and potential conflicts of interest.

12. Closing Remarks:
    - Recap of recent market events and the stability of interest rates.

In this episode, hosts Max and Joe Pisano dive into the current real estate and financial climate with special guest, Mornington Peninsula-based real estate agent Steve Walsh.

1. Real Estate Market Overview (Max Pisano): Max discusses the current property market dynamics, noting low stock volumes and stable prices despite rising inflation and interest rates. He suggests it's a sellers' market, particularly for those with valuable properties.

2. The "Mortgage Cliff" (Joseph Pisano): Joe unpacks the looming "mortgage cliff," where many homeowners will transition from low fixed interest rates to significantly higher ones. He also notes a worrying trend of rising delinquencies among second-tier lenders.

3. Investor Dynamics (Max and Joe Pisano): Max & Joe observe that higher interest rates are prompting some investors to offload properties, possibly leading to an increase in supply and potential price decreases.

4. Mornington Peninsula Market (Steve Walsh): Steve contrasts the Mornington Peninsula market with its higher stock volumes and a steady inflow of discretionary buyers. Despite escalating building costs affecting valuations, he notes consistent average capital growth in the region.

5. Timing the Market: The hosts stress the importance of considering personal circumstances and readiness over market trends when buying or selling properties.

6. Land Tax Considerations: The conversation touches on increased land taxes for investors and potential rental price adjustments to offset this.

7. Market Optimism: Closing on an optimistic note, the hosts anticipate the stabilising of interest rates and the resurgence of buyer activity with the onset of spring. 

Join Max, Joe, and Steve as they navigate the complex terrain of real estate and finance, providing practical advice for listeners. Stay tuned for future episodes with more updates and insights.

In this episode, Joseph & Max give a brief insight into the current finance & property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Interest rates
• Buyer Activity
• General Market Conditions

In this episode, Joseph & Max give a brief insight into the current finance & property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Interest rate rises
• Auction activity
• Property values & construction costs

In this episode, Joseph & Max give a brief insight into the current finance & property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Interest rate rises
• Inflation rates & how they affect borrowing
• Property Values & how they are likely to change

In this episode, Joseph & Max give a brief insight into the current finance & property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Fixed interest rate changes and what it means for buyers & sellers
• Softening market conditions
• General market commentary

*Since the recording of this episode ANZ has also increased their fixed-term interest rates

In this episode, Joseph & Max give a brief insight into the current finance & property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Fixed interest rate changes and what it means for buyers & sellers
• Online auctions
• General market commentry

In this episode, Joseph & Max are joined by Jodie English, senior buyers advocate at Property Home Base, together they give a brief insight into the current property market and how it affects you.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• APRA changes borrowing criteria and what it means for buyers & sellers
• Creative buying using social media and technology
• Has the market peaked and what easing of restrictions means for vendors

In this episode, Joseph & Max give a brief insight into the current property market.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Locked down restrictions and effect on property
• Virtual Inspections
• Is it a good time to sell?
• Banks view on property growth

In this episode, Joseph & Max give a brief insight into the current property market during lockdown #5 in Melbourne.  If you need anything at all you can reach us at [email protected] or [email protected]

Topics discussed:

• Effects of lockdowns
• Adapting to change
• Pre-approvals