10 Fun Real Estate Facts

Sometimes our clients need to know about fixed-rate mortgages, insurance and how to book a building inspection. And sometimes it’s fun to present some (almost) irrelevant facts.

So for no other reason than we thought you would enjoy it, here are a few fun real estate facts.

  1. A homeowner’s net worth is in general over thirty times greater than that of a renter.
  2. TGIF! The best day of the week to list your home is Friday.
  3. Autumn is the best season to sell on the Gold Coast. Most people think spring is time to sell but in fact you’re more likely to achieve good results in March & April after the Easter holidays when people visit and the temperatures are pleasant.
  4. Chances are you’re going to need some help selling: Homeowners have a 120% better chance of selling their home when using a realtor.
  5. The average age of a first home buyer has risen to 31, up from 25 in the 70s.
  6. In Queensland, as well as wanting to turn a profit future buyers are keen on plenty of outdoor space and being close to family and friends.
  7. 80% of home buyers believe their home is a good investment, 44 percent saying it’s better than stocks.
  8. Buyers searched a median of 12 weeks and visited 10 homes.
  9. Almost 80% of home purchases begin with a search on the internet.
  10. And finally, don’t be so quick to change your brass doorknob. Brass doorknobs disinfect themselves.  It’s called the oligodynamic effect: the ions in the metal have a toxic effect on spores, fungi, viruses, and other germs.