First let's talk about the elephant in the room: interest rates and house prices. Yes, they are currently on the rise and the market may seem a bit daunting. But don't let that discourage you. Rather let it be a warning. Some people would say buying now is risky.

And it is.

If you don't know what you are doing.

But take some comfort in this- seasoned property buyers are buying now because things are cheaper than before, 20% cheaper in some areas. And although you might think house prices are going to get cheaper, it's pretty hard to pick the bottom of the market.

It's nice for your ego to know you didn't overpay by $10-$20k, but that's a very small amount in the scheme of things if you are holding on to the property long term. You could just negotiate that as a discount today using the state of the market as evidence.

Yes interest rates are high, but once they do what they are suppose to (reduce inflation) then they will come down, the 15 year average is around 5%.

It's safe to assume that this could be the most expensive your mortgage will ever be, so it might be a struggle at the start but it will get easier as you go.

If you have decided you want to explore the option of buying this year then you'll need to understand HOW to buy a house in 2023. You'll need a deposit and enough income to service the loan, watch this quick video to understand more.

Then, if you are ready, fill in this form and we can call you to discuss options.

Here's to a great 2023, for all of us!