Tips to Pick the Perfect Mattress for You

What makes a perfect mattress? A perfect mattress should not only be comfortable; it should also offer complete body support and not hamper your breathing.

There are many things to turn a mattress bad. It can get overloaded with dust mites and bacteria that can disturb your sleep pattern. The mattress can be too hard or too soft for your specific body type. Studies have shown that increased stress, cortisol production and weight increase can result in poor sleep. 

Here’s what sleep experts says about choosing the perfect mattress:

Hard versus soft

Studies have found that a medium-firm mattress is the most likely to guarantee a good night’s sleep. It helps you move often, which protects you from blot clots, lets you breathe easier and gives you back support.

Size is important

If you sleep like a starfish, make sure your bed has plenty of room for you to move, especially if you share a bed with a partner.  A mattress that is big enough should address the lack of personal space and partner disturbance, which are commonly pointed at as the cause of poor sleep.  Here is how to know the right mattress size: two people can lie side by side, put their arms behind their head, elbows out without touching.

Memory foam versus spring

Whatever your choice is make sure it meets your particular needs and sleep style.

Memory foam is popular because of its durability and longevity. It can become warm, but it can adapt to your body type, which promotes proper spine alignment and lumbar support. It is thick enough that the chance of you feeling your partner’s tossing and turning is reduced, which means sleeping undisturbed.

Spring mattresses move autonomously with your every move. Body heat is not retained because it is well ventilated. Interconnected coils are hard-wearing while separately pocketed coils help cut the ripple effect that happens when your partner moves and vice-versa.

Or you can oft for a combination of memory foam and spring that promises a great sleeping experience. 

Dust mites and bed bugs

Keeping bed bugs away is critical with research showing roughly 10% of people are allergic to house dust mites.  These pests can have a major negative impact on breathing and sleep quality.  Don’t allow your pets on the bed, protect your sheets and pillows against mites using an allergy-proof slip mattress, and wash your bed linen in hot water.  Make an effort to change your sheets weekly to lessen dust mites and other potential allergens, and it is recommended that you change mattress every seven years.

 

So there you have it…..  get the right mattress, sleep well and happy dreams everyone!!

 

 

Stock Levels Increase to their Highest Levels Putting Buyers Back in the Driver’s Seat

The cyclical upturn in listing numbers in on going, with new listings addition rising 16% compared to the end of winter. But despite the increase in fresh listings the new stocks being added are trending at nearly 4% lower compared to the same year-ago period, the lowest seasonal level since 2012. The cause of the low number of fresh listings is anaemic seller confidence. This doesn’t come as a shock because the housing market situations have slowed down and selling conditions have become more difficult.

The level of newly advertised stock is muted but the overall advertised listing numbers have been tracking higher while the rate of absorption becomes sluggish. If nothing changes in the present trend, the number of properties advertised will surpass the recent highest levels recorded in 2012. Total listing figures are up 10.2% compared to 2017 and are at their peak for the same period since 2012.

A panicked surge in fresh listings is not the reason for the increase in total listing numbers. It can be attributed more to weak demand, which is triggering an increase in re-listings, combined with extended selling times (more days on market) and fewer successful sales at auction.

It is now taking 53 days to sell an standard capital city housing by private treaty versus 42 days last year and discounting rates have increased by 6.5% on average compared to 6.0% a year ago.

If there is more stock, there are more options for buyers and more difficult selling conditions for property owners, which is basically a buyer’s market. There is little sense of urgency for buyers under these circumstances; they can aggressively negotiate, linger in making a purchase decision, and if they can’t accept the property price, they can simply move to the next property. There are a lot of properties for sale in the market that sellers would have to be realistic with their pricing expectations.

Now more than ever, sellers need to make sure they choose and agent who knows how to run an effective marketing campaign to stand out from other properties for sale (the competition).

Poll: Managing Sellers’ Expectations Toughest Job of 2018

A survey by property professionals this year has revealed that managing sellers’ expectations has been the most difficult challenge in 2018.  And guess what?  It’s going to be even tougher in 2020!

This is according to over 50% of the Melbourne and Sydney based real estate agents polled by auction streaming service Gavl and while attending a local training session last Friday, realestate.com.au’s Greg Braun reiterated this message.

Another 31% stated that reaching the sales price that their client is trying to reach was going the most difficult, while 16% were most concerned about drawing in a sufficient number of prospective buyers.  The results matched my own experience this year.

Something that homeowners must realise is that growth has slowed this year.  Home values have, in fact, fallen across Australia since January 2018 and despite what you may hear locally, Newcastle is no different which brings me to the next point. 

Sellers continue to expect that growth will be similar as last year. Sellers’ expectations are that the market is still increasing and therefore are seeking a sale higher than the agents appraisal price range.  Sellers are also currently rejecting offers within the appraised price range, their properties are staying on the market longer and some are even having to been withdrawn from the market in fear of underselling their homes.  Some even change agents and go through the same process again because their expectations have not changed.

In my opinion, I believe that real estate agents are partly to blame with their tendency to over-inflate a home’s value in an effort to gain the listing. On the other hand, sellers could also be looking at the market through rose-coloured glasses.

Sellers do need to keep their expectations realistic by doing their own research and hiring an agent with integrity who can provide evidence of genuine factual information instead of providing stories the sellers want to hear. 

 

 

National Survey: Australians are Hopeful About Outlook on Purchasing a Home

The housing market has been hit by a new wave of optimism, with Australians believing that 2018 is the year they will finally pursue their dreams of owning a home.

According to a national poll, two in five Aussies are confident that 2018 is the right time to buy a home.

And almost a third of Australians said they planned to initiate start their purchase this year, whether upsizing, investing, moving to a new region or purchasing their first home.

The YouGov Galaxy Poll commissioned by Realestate.com.au found that millennials were especially positive, with nearly 50% of people born between 1983 and 2000 planning to buy a home in 2018.

The poll asked over 1000 people throughout Australia based on age, gender, and regional quotas indicating ABS demographic estimates.

It also covered an assortment of tenants, adult children residing with their parents, mortgagees and people who owned their home outright.

The improved positivism is attributed to steadier price movements in the midst of low interest rate.

Recent news about a slowdown maybe encouraging some buyers to believe this is the ideal time to buy.

More findings

Optimism was the highest among one group in particular – the first homebuyers – based on activity on realestate.com.au’s new home loan platforms. Dreams of home ownership has steadily grown and first homebuyers are more confident.

Excitement is coming from all categories of buyers, but especially first home buyers. It shows that the dream of home ownership has continued to grow and first homeowners are more confident today of achieving their dream of owning a home.

First home buyers throughout Australia reported that they experienced a smoother road towards home ownership than they expected.

A Newcastle couple who recently purchased their first home happily reported they would pay just $25 more each week in their mortgage compared to their present rent. 

 

Conditions are getting better

Some homebuyers may have seen a unusual gap in the market, according to a financial services expert.

Rates are at their lowest levels, are likely to remain that way for some, and prices are low in some regions that many people are saying this is the right time to jump into the market.

In addition, investor involvement is low and foreign investors in the market are fewer, so some house hunters are confident they have a chance this year.

We are definitely seeing fewer investors at our open homes now in comparison to the same time last year.  So if you have a property to sell in the lower end of the market now might be the time for you to launch it.

For an accurate appraisal contact Annette Pinkerton directly on 0418447856.