A study commissioned by EBS Building Society suggests that two thirds of prospective first time house buyers consider the time is right to leave the nest and buy their own home. This is despite the fact that over half of these respondents were concerned about their own job security.
House prices have fallen about 30pc since the height of the property boom in early 2007 with many economists predicting that they have further to go. Although prices are set to continue to fall, the Irish Independent reports that many potential buyers are fearful that rising interest rates will off set any savings from dropping prices and are planning to strike while the iron is hot.
The research also shows that more than a third of prospective buyers stated that they were now looking in an area that previously would have been too expensive for them, while the average amount spent on new homes is €260,000.
For the rest of us, there’s always the lotto I suppose. If I’m to believe everything I read, it ‘could’ be me this week. If I win do win the lotto you won’t see me for dust, but I won’t leave before pointing you in the direction of some great discounts.
Atlantic Homecare and Woodies DIY are offering a 10% discount for AXA customers off almost everything when you shop in any of their stores. With their extensive range of paints, lighting, homestyle & housewares, bathroom accessories, building and garden products, you won’t need to change your address to get that new home feel.
Brought to you by AXA Insurance
This post was mentioned on Twitter by Irish Internet Assoc, TWO MEN AND A TRUCK.