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Top broker predicts investors will ‘come out and play’ in 2017

by James Mitchell•Wednesday, 4 Jan 2017•7 minute read

One of Australia’s most successful mortgage brokers who wrote over 1,000 home loans in the 2016 financial year believes property investors will return to the market in 2017.

Mark Davis of the Australian Lending & Investment Centre says that there is “plenty of noise” that is reducing demand and could present opportunities for property investors if the market starts to cool.

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“Investors will come out to play,” Mr Davis said. “Our business wants rates to go up a little bit or a bit of noise in the media, so we can perform better, because our clients will play harder and want to buy in Sydney and Melbourne and those types of places where the market is at the top.”

 

 

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James Mitchell

AUTHOR

James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media.

He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser.

He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group.

James holds a BA (Hons) in English Literature and an MA in Journalism.

 

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