First Homebuyers are Moving In

August figures for first home-owners grant applications has come in with 1,728 applications, up 41% from last year. There was also an article in the West Australian today that showed median house rents rose by $10 to $450 per week in the last three months, consistent with the previous two quarters of 2012. These two factors combined indicate that first home buyers are getting sick of the rising rents and starting to look for property. If you are a first home buyer, are you convinced?