Latest ABS Victoria statistics are interesting to look at because they show that while housing loans for owner-occupiers have fallen sharply, investor loans are heading north.
(PRWEB) April 23, 2014
In the lead up to the Easter and ANZAC breaks, there was a flurry of auction activity in Melbourne. Real estate advocate, Rick Otton, says this has reinforced his believe that this is the ideal time for buyers and sellers to tune into the raft of creative property investment strategies he has been sharing for the past 20 years. Mr Otton is hosting a Ready Set BOOM national tour in upcoming months, including a stop in Melbourne, where he will reveal his latest strategies.
Melbourne recently recorded a robust 72.3 per cent auction clearance rate, with the city hosting its highest number of auctions for the year with 1277 properties going under the hammer. However, it’s expected that buyer and seller activity will drop as the nation moves into the typically quieter winter period.
“Latest ABS Victoria statistics are interesting to look at because they show that while housing loans for owner-occupiers have fallen sharply, investor loans are heading north,” Mr Otton said.
“So while home buyer activity in Melbourne may be in for a more sluggish time over the winter months, the pulse will continue to be driven by the property investment market.
“There is no better time for buyers and sellers to empower themselves with a toolkit of strategies that don’t involve the need for a new bank loan or finance, experience in the real estate industry or a house deposit that will take years to accumulate.”
Ultimate wealth summit
Mr Otton said before committing to his Ready Set BOOM event, Melbourne punters could easily tap into his property millionaire secrets and non-conventional approach through his free online Power Property Profits Pack.
“About 20 years ago, I discovered a remarkable property investment system that allowed me to purchase 76 properties in 12 months without bank finance and in a falling market,” he said.
“Since then my students and I have used this technique to profit throughout rising, falling and booming markets. Why miss out on opportunities of a lifetime during this current boom? If you shift your mindset, you can approach the market in a radical new way with minimum financial risk.”
To find out more, register early for Mr Otton’s Ready Set BOOM tour of major cities being held later this year by visiting http://www.readysetboom.com.au or phone, in Australia, 1300 888 450.
Alternatively, his free and easily accessible Power Property Profits Pack is available on creativerealestate.com.au/freepack
For over 20 years property millionaire Rick Otton has built an impressive real estate portfolio using innovative strategies that he has developed – strategies in which transactions are made without the need for traditional bank-type loans. He constantly refines his techniques as he buys and sells properties through his We Buy Houses business which operates in Australia, New Zealand and the UK.
A gifted speaker and educator, Mr Otton conducts regular one-day free seminars across Australia, which build on the concepts he shares in his 2012 book ‘How To Buy A House For A Dollar’, voted by Money Magazine and Dymocks Book stores as one of the Top 10 Most Popular Finance Titles for 2013.
He regularly records and publishes iTunes podcasts via his channel Creative Real Estate.
His innovative low-risk, high-reward approach to Australian real estate investing has been featured in a variety of television programs and magazines, including Today Tonight, A Current Affair and Australian Property Investor.
To register for one of Mr Otton’s free Australian one day seminars visit http://www.readysetboom.com.au or phone, in Australia, 1300 888 450.