The announcement by the Federal Government that the First Home Buyers Grant will be tripled to $21,000 until 30 June 2009, on newly constructed homes, will provide a real opportunity for first home buyers to buy a home.

The Reserve Bank decision to cut official interest rates by .75% today is good news for home buyers according to Frank death, CEO HomeWorld Display Village.

Today’s NSW Mini Budget brought more good news for first home buyers of new homes with a further top up of the First Home Buyers Grant by $3,000.

Today’s interest rate cut is a big boost to confidence and will assist the revival of the housing industry according to Frank Death, CEO HomeWorld Display Village.

HomeWorld Display Village has called for stamp duty relief for homebuyers in NSW to boost housing.

Frank Death, HomeWorld’s chief executive, said that while first homebuyers have stamp duty exemption on properties up to $500,000, other homebuyers are being penalised by escalating stamp duty due to an increase in property values particularly in Sydney in recent years.

State Government cuts to infrastructure levies, for newly developed land, is another piece of good news for home buyers according to Frank Death CEO HomeWorld Display Village Kellyville.

Most of us make New Year resolutions but they often fall by the wayside. One resolution you should keep in 2009, is to build a new home, according to Frank Death CEO of HomeWorld Display Village.

“This year is shaping up as a good year for building a new home with a number of economic factors coming together. We have much lower interest rates that are likely to go lower and people building their first home have $24,000 in the form of federal & state grants.

There is strong evidence first home buyers are taking advantage of the Federal Government’s boosted first Home Buyers Grant says Frank Death, CEO HomeWorld Display Village, commenting on figures published in the Sydney Morning herald dated Thursday, 15 January 2009.

“Official home loan figures for November show the proportion of first home buyers in the market had climbed to 23 per cent the highest since January 2002.

Frank Death, CEO HomeWorld Display Village, has welcomed the Reserve Bank’s cut in official interest rates by 1% today.