To buy or not to buy?

[PVK]

Hi,

About a month ago I sold my house. a forced sale due to seperation. My dilema now is whether or not to jump back in and buy or wait 12 months or so and see how it goes. I am in Melbourne and there seem to be plenty of rentals at the moment. I can't quite afford what I want and I am only really looking at first home buyer/entry level property. Just has to have 3 bedrooms.

Anyone have any suggestions? I know there is no such thing as a sure bet, but I did go to an open house for a house I was interested in and there was only 8 people there. So have things really slowed up?

Any thoughts greatly appreciated

thanks

Paul

 

[Julia]

Paul, this morning's "Inside Business" on ABC TV1 had an interview with the CEO of, I think, Mirvac, in a general discussion about where the property market is going.

This is a link to the program website. Don't know if a transcript is available.
http://www.abc.net.au/tv/guide/netw/201006/programs/NC0927V039D2010-06-06T100200.htm

 

[medicowallet]

Paul, this morning's "Inside Business" on ABC TV1 had an interview with the CEO of, I think, Mirvac, in a general discussion about where the property market is going.

This is a link to the program website. Don't know if a transcript is available.
http://www.abc.net.au/tv/guide/netw/201006/programs/NC0927V039D2010-06-06T100200.htm

http://www.abc.net.au/insidebusiness/

 

[Buckfont]

Paul, this morning's "Inside Business" on ABC TV1 had an interview with the CEO of, I think, Mirvac, in a general discussion about where the property market is going.

This is a link to the program website. Don't know if a transcript is available.
http://www.abc.net.au/tv/guide/netw/201006/programs/NC0927V039D2010-06-06T100200.htm

Here is the transcript for that segment.

http://www.abc.net.au/insidebusiness/content/2010/s2919435.htm

 

[ROE]

Paul, this morning's "Inside Business" on ABC TV1 had an interview with the CEO of, I think, Mirvac, in a general discussion about where the property market is going.

This is a link to the program website. Don't know if a transcript is available.
http://www.abc.net.au/tv/guide/netw/201006/programs/NC0927V039D2010-06-06T100200.htm

isn't like asking a barber whether you need a hair cut?