{"id":31244,"date":"2021-03-16T08:32:25","date_gmt":"2021-03-15T19:32:25","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=31244"},"modified":"2021-03-16T08:32:25","modified_gmt":"2021-03-15T19:32:25","slug":"hopes-up-hearts-broken-tasmanian-property-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/hopes-up-hearts-broken-tasmanian-property-market\/","title":{"rendered":"&#8216;Hopes up, hearts broken&#8217;: Tasmanian property market"},"content":{"rendered":"<p><strong>PHOTO: Georgia Heiniger says she&#8217;s experienced a lot of disappointment and frustration trying to buy her first home.<cite class=\"_21SmZ _3_Aqg _1hGzz _1-RZJ P8HGV _16dJg\" data-component=\"Figure__cite\">\u00a0<\/cite>ABC News: Damian McIntyre<\/strong><\/p>\n<p class=\"_1HzXw\">For Tasmanians trying to buy a home in 2021, hope can be a dangerous emotion.<\/p>\n<section class=\"vB11C _1tnlo _1w6Cw _1pc-9 _2EbnQ\" role=\"contentinfo\" aria-label=\"key points\" data-component=\"KeyPoints\" data-uri=\"coremedia:\/\/teaser\/13249862\">\n<h2 class=\"_3mduI _2gTdF _1deB8 jwLlj _1O6ck _1GKnS _2o9MN _1-RZJ\" data-component=\"Heading\">Key points:<\/h2>\n<ul class=\"W8pqX\" role=\"list\" data-component=\"List\">\n<li class=\"\" data-component=\"ListItem\">Over the past 12 months, house prices have grown by 8.7 per cent in Hobart and 13.8 per cent in regional <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=Tasmania&amp;submit=Search\">Tasmania<\/a><\/li>\n<li class=\"\" data-component=\"ListItem\">Hopeful <a href=\"https:\/\/propertynoise.co.nz\/au\/?s=home+buyers&amp;submit=Search\">home buyers<\/a> are feeling pressure to take risks by not asking building inspections and cooling-off periods<\/li>\n<li class=\"\" data-component=\"ListItem\">There are calls to introduce laws that would protect home buyers against potential problems with the homes they buy<\/li>\n<\/ul>\n<\/section>\n<p class=\"_1HzXw\">Georgia Heiniger and her partner have been trying to secure their first home in Launceston for five months, making five unsuccessful offers so far.<\/p>\n<p class=\"_1HzXw\">&#8220;It&#8217;s pretty tough. The kind of houses we&#8217;re looking for, the areas that we&#8217;re looking at, they&#8217;re just selling really quickly. It&#8217;s really cutthroat,&#8221; Ms Heiniger said.<\/p>\n<p class=\"_1HzXw\">Recently, they lost out to another buyer who offered less money for a property, but also didn&#8217;t ask for a building inspection or for time to secure finance.<\/p>\n<aside class=\"_1w6Cw _1pc-9 _2b4MK\" data-component=\"Pullquote\">\n<blockquote class=\"_3imm8\">\n<p class=\"_1HzXw\">&#8220;It&#8217;s like, hopes up, hearts broken, within four days, less than four days, it&#8217;s real tough,&#8221; she said.<\/p>\n<\/blockquote>\n<\/aside>\n<p class=\"_1HzXw\">&#8220;It&#8217;s kind of disheartening, particularly when we&#8217;re offering as much as we can and we know we shouldn&#8217;t but we do get our hopes up.&#8221;<\/p>\n<p class=\"_1HzXw\">Ms Heiniger and her partner have felt pressure to take risks to make their offers more competitive, by foregoing building inspections, or making cash offers, even though they need to borrow money.<\/p>\n<p class=\"_1HzXw\">&#8220;We&#8217;ve made a lot of those risks. We&#8217;ve put in maybe three offers on houses sight unseen,&#8221; Ms Heiniger said.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.abc.net.au\/news\/2021-03-16\/tas--housing-market\/13249558\">ABC<\/a><\/p>\n<section id=\"top-posts-2\" class=\"widget widget_top-posts\">\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"Fears of a mortgage debt disaster as house prices across Australia hit new records (WATCH)\" href=\"https:\/\/propertynoise.co.nz\/au\/fears-of-a-mortgage-debt-disaster-as-house-prices-across-australia-hit-new-records-watch\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/03\/Housing-Boom.jpg?fit=1200%2C675&amp;ssl=1&amp;resize=40%2C40\" alt=\"Fears of a mortgage debt disaster as house prices across Australia hit new records 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&rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":31245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478108952,478098566,478115033,478098622,478098542,478098519,478098535,478098522,478098543,478098513,478101743,478099125,478098579,478098510,478098511,478098533,478098509,478098977,478104929],"class_list":["entry","author-data123nz","post-31244","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-covid-19","tag-first-home-buyers","tag-georgia-heiniger","tag-home-buyers","tag-home-loans","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-mortgages","tag-property","tag-property-correction","tag-property-crash","tag-property-market","tag-property-news","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-tasmania","tag-tasmanian-property-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;Hopes up, hearts broken&#039;: Tasmanian property market - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/hopes-up-hearts-broken-tasmanian-property-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;Hopes up, hearts broken&#039;: Tasmanian property market - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Georgia Heiniger says she&#8217;s experienced a lot of disappointmentRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/hopes-up-hearts-broken-tasmanian-property-market\/\" \/>\n<meta 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