About House Hunters
The market has changed and so have we. This season House Hunters reflects our new property market through the expert eyes of property locator Liz O'Kane and property investment expert Ian Lawlor, who are finding houses and creating purchasing strategies for buyers in the €200,000 to €600,000 bracket all over the country. In Dublin we're helping a first time buyer and in Cork we're helping a couple from England to find their dream home.
So what's new? After ten years of unprecedented growth, and despite the current slowdown, the national conversation continues to be about property. Interest rates have gone up six times in the last 12 months resulting in many first time buyers feeling the strain of repaying up to 100% mortgages, however the first time buyer end of the market remains active, particularly in Dublin.
Buying a house is still the greatest investment most of us will ever make and in this changed market is it still a good time to buy?
Ian Lawlor says: "in a volatile market a level head and an eye on the bottom line will still help you avoid the property pitfalls and make the best choice for the biggest investment of your life." And Liz O'Kane adds that: "if you're selling your property expect to leave it on the market for up to 6 months and if you're buying you need to be prepared for a longer burn."