First home buyers to lead the way in 2012
First time buyers are expected to be the major players in the property market this year, according to a nationwide poll of mortgage brokers. The Loan Market poll of 252 of its brokers found that 36% of respondents expected first time buyers to dominate the housing finance market in 2012.Investors came in at a close second, with 33% of respondents picking out Australia's property investors as this year's expected dominant force, while refinancers came in third with 30%."Our brokers are divided on which consumer group will dominate in 2012, but the majority think first time buyers will be the most active," said Loan Market chief operating officer Dean Rushton.
