The WA election is finally over and done with. Regardless of your political leanings, we are no longer in a state of limbo. Business now has a clearer idea of what the state government plans to do (assuming they keep their election promises). So we can expect greater business certainty. This means we can expect more business investment, especially as the end of the financial year approaches too. Investment = expenditure = flow of funds = an expanding economy.
Add to this the increased first home buyer incentives announced earlier this year. Hence, I am predicting upward movement at the affordable end of the market. Increased demand may be met by the supply of existing owner occupiers trading up, investors offloading or sales of new property.
Mortgage Choice East Perth is well equipped to help first homebuyers climb onto the property ladder. We have special deals with more than 20 lenders, including arrangements for low deposit and self-employed.