Search Results for 'First-time buyer'
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Galway West TD Frank Fahey is proposing an initiative which he believes could kick-start the stagnant property market in Galway and provide first time buyers with affordable homes with little risk of loosing money in a time of falling prices.
A new website - www.getmoving.ie - will be launched to encourage first time buyers into the housing market by providing them with up-to-date availability and house price comparisons throughout the Galway region.
The global markets are under fierce pressure to compete at the moment and experts would suggest that it all started in the USA with lending institutions getting involved in the sub-prime markets. This in turn has affected all markets world-wide, with Ireland no exception.
A new local authority mortgage scheme has ‘Paddy the plasterer’ written all over it and further marginalises low income earners, according to some local representatives.
In today’s market it is critical that your home appeals to the buyer – this means taking a long hard look at the property you are selling and being aware of what today’s buyer is looking for.
In 2008, in general, it can be said there has been little in the way of good news. What started out a slow year with indications that prices would fall across the board, turned out by the end of the summer to have developed into what many property experts would describe as a freefall. With fluctuations in falling prices varying considerably depending on location across the country, nowhere escaped the carnage. Price falls varied from as high as 40per cent in some of Dublin’s commuter belt, with even traditionally nlue chip locations in the capital seeing falls as great as 20per cent. Galway, universally recognized as being recession proof in property terms didn’t escape either.
A free seminar for first time buyers will be held in the Radisson SAS Hotel on Monday January 26 at 7pm. A host of speakers will be present to give impartial advice to first time buyers on the intricacies of buying a home, from the finance to the legal aspect.
The Fine Gael spokesperson on community, rural and Gaeltacht affairs Deputy Michael Ring has called for a reduction in VAT charges in order to stimulate new house sales. But Dep Ring is empathic the benefit should only apply to first-time buyers and not developers.
Joe Naughton of Era Oates Auctioneers has reported a significant increase in the number of viewers of properties in January, particularly from first time buyers.
AIB today announces it is reducing its one year fixed interest rate for first time buyer owner occupiers to a market leading interest rate of 2.49 per cent.