Spring is the season to sell

SPRING is finally here, and with it brings a raft of keen home buyers and happy vendors.

Spring is traditionally considered the time to sell, thanks to an influx of buyers coming out of their winter hibernation, and a season which can highlight the best attributes of a property.

While the 2011 spring selling season was softer than previous years, 2012 is shaping up as a buoyant market for both buyers and sellers.

Raine and Horne Coffs Harbour principal and Real Estate Institute of New South Wales director Christine Clarke is already seeing the change-of-season effects.

"In the past two weeks we've seen a real influx of interest with more people at open homes and more genuine inquiries," Christine said.

"Part of it is the longer days, sunshine and blue skies, but people are also feeling more positive about the future thanks to some good economic and financial data."

Christine said properties priced below $500,000 were drawing the largest interest from buyers.

The finance industry is also confident the coming months will see a spike in activity.

A national survey of Loan Market mortgage brokers found 86% believed spring would bring a rise in loans.

Loan Market corporate spokesman Paul Smith said 40% of their brokers forecast a five to 10% increase in inquiries.

"There are definite signs that spring is in the air for the real estate and home finance markets," Mr Smith said.

"The stable interest rate environment with the cash rate remaining near historical lows and generally soft property prices have been attracting investors.

"First-time buyers have also been more active and some are targeting investment properties as their entry point to the property market."

Another study has identified first-home buyers and Gen Y buyers as the most optimistic about buying.

The Housing Affordability Sentiment Index report, commissioned by has found Gen Y was the most optimistic about both housing afford- ability and the current and future outlook of their financial position.

The report also found Gen Y has the most significant increase in household savings.

According to chief product officer Henry Ruiz, spring is an excellent time to enter the property market.

"Historically we see the number of listings increase over this period, which gives buyers more choice and opportunity to get into the market," Mr Ruiz said.

While Gen Y may hold the key to a significant bounce-back in the real estate market, a separate study is warning it may not happen in spring.

The RAMS First Home Buyers' Pulse Check survey found that while three-quarters of first-home buyers believed now was a good time to buy, only 17% would do so in the next three months.

Two thirds of those surveyed were optimistic they will purchase their first home within 12 months, with affordability the key trigger when making a purchasing decision.

RAMS chief executive Melos Sulicich said first-home buyers were making more- informed choices, taking time to research the market and not rushing in like previ- ous years.

"Good deals are out there for first-home buyers but a general lack of confidence to take the first step may see some miss out on their ideal property to savvy investors," Mr Sulicich said.

"Buying a first home is one of the biggest but also the most rewarding decisions Australians can make, so it's important to have the right balance between weighing up your options and jumping in."

Topics:  houses market real estate

Lighthouse Care wants to open in Ipswich

Lighthouse Care founder Debbie Hill said the organisation wants to expand and open a site in Ipswich.

The problem is, they are unable to find a suitable location

Gable Tostee: His own words about that fatal night

Gable Tostee

Gable Tostee talks about the pizza, the recording, and that night

LETTER: Negative energy talk frustrates Ipswich MP

South Australia's black out was triggered by an extreme weather event, not renewable energy, says Ipswich MP Jim Madden.

South Australian black out was triggered by an extreme weather event

Local Partners

Workmates honour crash victim with tribute

UPDATE: Tanya Lyell is being remembered as a young mother dedicated to her family and work as the town she called home mourns its loss.

Community garden set for Palmwoods

Kay Nixon at the Palmwoods Community Gardens will be hosting a launch day and inviting the ecommunity to come along and sign up.

Parcel of land to supply sustainable gardening for community

Things to do this week

Dragon play Ipswich Civic Centre on Friday October 28

What's on in Ipswich

Ipswich unites in march for safe world for kids

The streets turn red in one of the previous Walk for Daniel events.

Bruce and Denise continue movement

Priscilla concerned people will forget about Elvis

Priscilla Presley source Bang

She says she feels responsible to keep his legacy going

Taylor Swift files lawsuit over alleged groping

Taylor Swift source Bang

Swift has commenced legal action against a DJ over the incident

Kanye West threatens to boycott Grammys

West says he won't go to the Grammys if Frank Ocean's not nominated

Why this actress wasn't embarrassed by nude photo leak

Leslie Jones source Bang

'If you wanna see Leslie Jones naked, just ask,' she said

Festival blooms with Jacaranda trees

BLOOMING GOOD: Cr Paul Tully with the Goodna Jacarandas, in bloom ahead of the upcoming Jacaranda Festival.

This year's festival gets under way on Friday

Dad's Army comic genius Jim Perry dies

Jimmy Perry, the creator of Dad's Army.

Dad's Army series captured all that British people savour

Hinterland horse stud passed in for $8.25 million

UNREAL: This Maleny estate is incredible.

12-bedroom hinterland horse stud still available

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Kiwi siblings snap up Dotcom mansion for $32.5m

The new toy company owners of the Coatesville mansion want replace any controversy with positivity and fun. Photo / Barfoot and Thompson

The trio paid $32.5 million for the property in June

New $200 million development will create 580 jobs

Cassie And Josh with baby Alfie and daughter Andee. They have bought at new Lennox Head development Epiq.

Majority of new positions will be given to Northern Rivers locals

Cherrabah's mega resort plans axed

PLANS for a massive development at Cherrabah have been scrapped.

What our mayor thinks of the new draft SEQPlan

The plan to use the innovative technology as part of the new Maroochydore CBD was cemented on site today when Mayor Mark Jamieson and Envac Asia Region president Chun Yong Ha formally signed the contract for the $20 million underground waste collection system.

New plan accommodates Sunshine Coast Council's vision for growth.