House price increases expected to slow
If you've been sat on the fence about buying property in Morayfield for some time, you could find that 2015 is just the year to do it.
Fitch Rating's latest Global Housing and Mortgage Outlook points to a slowdown in property price increases throughout the next 12 months, making many homes more affordable.
The market is also working in the favour of investors, with the group predicting that investment loans will account for half of all new lending over the course of the year.
Both investors and first-time buyers alike will no doubt be keeping a close eye on the official cash rate, which Fitch Ratings believes will begin to increase in the long term.
For the moment at least, buyers are enjoying the all-time low cash rate of 2.5 per cent, which has been in place since August 2013. Fitch anticipates rises will start to take place later this year and into 2016.
Finding your next property in Morayfield
Having some guidance can be a real asset when buying property, which is why you should contact an experienced real estate agent in Burpengary.
It doesn't matter whether you're just getting onto the ladder or moving up a rung or two, we're always on hand to help.