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Overcoming inflation and soaring living costs: achieving the dream of home ownership

While the increasing cost of living and inflation may pose challenges to achieving homeownership, industry experts remain optimistic that careful savings and minor lifestyle changes can make this dream a reality.

David Murray, Residential Sales Consultant at Realmark Urban, says a good place to start is to speak with a mortgage broker. Additionally, getting out there and attending viewings and developing industry relationships could ensure you had a finger on the pulse to make the most of the market when it comes time to start looking to buy a home.

“Speak to a mortgage broker who can access your spending habits and provide personalised advice,” he said.

“Attend as many home opens as you can to develop relationships with agents across the market.

“If you can create a relationship with agents who are well established within your suburb, you will build up some resilience to market factors because, thanks to them, you will be more aware.”

For the full article, see the West Real Estate liftout in the Saturday 13 May edition of The West Australian.


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