Join us for an engaging discussion with property market expert Rowen Powell. In this episode, we delve deep into the turbulent Perth property market. With a significant lack of stock and high buyer demand, the market landscape is challenging. Rowen shares his insights on how this situation has escalated from buyer fatigue to buyer frustration. We explore the factors affecting the market, including low transactions, interest rate cuts, and the impact of interstate migrations. This episode provides valuable information for buyers navigating this competitive environment, emphasising the importance of understanding finance, evaluating property quality, and seeking professional help.
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Visit my website:https://tuskfinance.com.au
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Chapters:
01:11 Challenges in the Market
03:04 Buyer and Seller Dynamics
07:27 Historical Context and Government Impact
08:59 Future Outlook and Borrowing Capacity
13:24 Market Transparency and Valuation Issues
19:38 Market Slowdown and January Surge
20:16 Factors Influencing Property Upsizing
20:59 Suburb Price Dynamics
22:10 Challenges in Property Transactions
25:45 Buyer's Agent Role and Market Specialisation
29:48 Valuation and Financing Concerns
36:02 Future Market Predictions
38:14 Podcast Conclusion and Community Engagement
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Music from Uppbeat
https://uppbeat.io/t/andrey-rossi/sei...
License code: UVSF5JTJM8QUZNXZ
Produced by Podwave Studios
#Property #Propertypodcast #MichaelKilliner #PodwaveStudios
