I’ve Decided To Buy In 2022 – How Can I Use The Summer Break To Prepare?
It feels like we’ve never quite deserved a break like we do this one. It has been a trying time for many people, so a chance to unplug and spend time with loved ones is rightly a priority.
The past two years have been a wild ride for the property industry, a topic that has been covered by many journalists and news outlets over the period. Underpinning the narrative is the fact that prices have increased significantly around Australia, resulting in fear of missing out.
If you’re thinking about buying, selling or renting in the new year, the break may be just what you need to start 2022 on your best game. Here are the top three tips from the Homely team:
1. Research what you’re interested in
Use your downtime to browse suburbs you’re interested in and get the inside information from local experts. You can also browse sold homes on Homely and add these to collections so you can develop a theme for what you like when you’re ready to hit the market.
2. Get your finances in order
Christmas may not be the best time for diets or budgets but it’s worth a look in. Take a couple of hours with your partner to work on what your goals are for next year and what you need to do to achieve them. Whether it’s refinancing your mortgage to free up capital to invest, or moving somewhere new, you’ll need to work on your finances first. Getting a head start in a less stressful time can help.
3. Unplug from comparison
People have won and lost over the past two years. But regardless, everyone’s circumstances are different. Take some time out of the comparison and numbers game – work out what’s important to you and your family over the break and write it down. Whether it’s being closer to the beach or having a bigger backyard, you’ll realise what’s important to you. This will help you focus for next year.