Search Results for: united states
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NEWS
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
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NEWS
“It’s as if home building can’t scale up”: Here are 10 graphs that tell interesting stories about Australia (and real estate) in 2021
“One of the first things you have to decide on with a musical is why should there be songs.” The person speaking is Stephen Sondheim, the writer of some of the best songs for musicals in the 20th century, who died in November aged 91. You can put songs in any story, but what I think you have to look…
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INDUSTRY NEWS
The neighbourhood that’s going to get 100 3D-printed homes
One of America’s leading homebuilders is joining forces with a construction technologies firm to build the country’s largest community of 3D-printed homes in Texas. Lennar and ICON are breaking new ground with the development of the 100-strong community, codesigned by the acclaimed architecture firm, BIG-Bjarke Ingels Group, using ICON’s innovating robotics, software, and advanced materials. ICON’s 3D printing technology produces…
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APPOINTMENTS
Domain appoints new chief product officer Nathan Brumby
Today Domain, a leading property marketplace, has announced the appointment of Nathan Brumby to Domain’s Executive Leadership Team in the role of Chief Product Officer.
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INTERNATIONAL
What $1 million will buy you around the world in 2021
While Australia's house prices continue to rise, Ray White Chief Economist Nerida Conisbee has considered whether you could find better value in one of your favourite holiday destinations.
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INTERNATIONAL
The majority of millennials would consider living in a 3D-printed house
A new study from Realtor.com has found 75 per cent of millennials (born 1981 to 1996) would consider living in a 3D-printed home, citing affordability, energy efficiency and resistance to natural disasters as major benefits.
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INTERNATIONAL
Overseas investment in US homes falls to the lowest level in a decade
Overseas buyers purchased US$54.4B worth of existing homes in the US from April 2020 through March 2021. This was the lowest level in a decade.
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National
Openn Negotiation successfully lists on the ASX
Australian Proptech company Openn Negotiation has successfully listed and commenced trading on the Australian Securities Exchange (ASX) under the ticker OPN. Openn Negotiation’s listing on the ASX on July 21 comes after raising the maximum $9 million through the issue of 45 million shares at 0.20c per share, under the fully underwritten prospectus lodged in May. Openn Negotiation shares opened…
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NEWS
The US luxury housing market frenzy is settling down as inventory rises
The wild residential housing market in the United States (US) is finally starting to calm down, according to the Wall Street Journal. The publication reported more properties are coming on to the US housing market, especially in the prestige sector. They note inventory is increasing as owners who delayed selling during the worst of the pandemic now look to list their…
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Insights
Millennials use pandemic savings to put a deposit on their first home
Three in every five millennials plan to use the money they saved during the pandemic towards a payment on their first home, according a US study.
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INDUSTRY NEWS
Expats and international investors stoking the local market
International investors and expats looking to return home to Australia are continuing to show strong interest in many markets across the country and are contributing to upward pressure on house prices.
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LEADERSHIP
Two Australian cities listed in the top five for entrepreneurial success
Sydney and Melbourne have been highlighted as two of the best cities in the world for aspiring entrepreneurs to start their own business.
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NEWS
Australia second-most-popular offshore destination for Asian property investors
Despite the COVID-19 pandemic having restricted and reduced the physical movement of Asian real estate buyers around the world, it has not dampened enthusiasm for overseas real estate.
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Elite Agent
Thinking outside the square renders new possibilities for BoxBrownie.com
Image marketing technology specialists BoxBrownie.com have launched an innovative cloud-based offering that can provide realistic CGI renders and virtual tours from only a floor plan, elevation or architectural drawing.
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NEWS
Openn Negotiation joins NAR REACH Accelerator Class of 2021
Second Century Ventures, the strategic investment arm of the National Association of Realtors® have announced the members of its 2021 REACH Australia class. REACH Australia is a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries throughout Australia and Southeast Asia. The program is designed to help agents remain at…
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NEWS
Virtual real estate brokerage eXp celebrates growth milestone
eXp World Holdings have announced the company has exceeded 40,000 agents globally. This represents a year-over-year increase of 60 per cent when compared to 25,000 agents at this same time last year. Publicly traded eXp World Holdings and its global brokerage, eXp Realty, has been pursuing an aggressive growth strategy around the world with a presence in the United States,…
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Elite Agent
‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or 12 months."
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NEWS
Australians are building the biggest houses in the world
Australia is again building the biggest houses in the world, pushing ahead of the United States, according to the latest CommSec Home Size Report. The average new house built in Australia in 2019/20 was 235.8 square metres, up 2.9 per cent on the year and the biggest increase in 11 years. Conversely, American houses are shrinking, with sizes falling for…
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NEWS
RE/MAX top real estate franchise on international Top 200 list
For the twelfth straight year, RE/MAX has ranked as the No. 1 real estate franchise brand in the annual Franchise Times Top 200 list, based on global sales. RE/MAX Australia Managing Director, Joel Davoren, said the honour reinforced the enduring quality of the brand, and its resilience, innovation and leadership. “This recognition reflects the quality of RE/MAX broker owners and agents around…
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Elite Agent
Economics academics say the Reserve Bank should do more
Former prime minister Paul Keating isn’t alone in wanting the Reserve Bank to do much more to ensure economic recovery.
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NEWS
Surge in premium sales across the Sydney’s Lower North Shore
There is little doubt we are in unchartered waters when it comes to the current property market performance and the Covid-19 pandemic. Currently, the Lower North Shore of Sydney is experiencing a surge in premium sales; it is not only strong, but firing. The Agency’s local team has achieved over $42 million worth of sales, across seven transactions in just…
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Elite Agent
Australia hits Top 20 in Global Home Price Index
Australia has ranked 19th in the world for house price growth for the year to June 2020, according to the Knight Frank Global House Price Index Q2 2020. The index tracks the movement in mainstream residential pricesacross more than 50 countries and territories worldwide using official statistics. It showed Australia’s house prices grew 6.1 per cent over the year to…
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Elite Agent
Shorter meetings but longer days – how COVID-19 has changed the way we work
One of the many things COVID-19 has had a dramatic impact on is the way many of us work. Those fortunate enough to be able to work from home have been able to adapt to this new reality – and it certainly has been “new”. Perhaps the biggest question for both employers and employees is whether working from home has…
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NEWS
RBA declare pandemic downturn worst since the Great Depression
The Reserve Bank of Australia is optimistic about the future of the economy, despite conceding the pandemic downturn was the “worst contraction since the Great Depression”. “Consumer spending in May and June had been stronger than expected and had also held up better than in most other countries,” the RBA said, in minutes released from the monthly monetary policy meeting.…
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NEWS
How a pandemic will shape communities
COVID-19 is challenging many conventions within urban development across the globe. While the pandemic is seeing Australians adopt unprecedented social distancing measures, potential lockdowns require residents to live, work, learn, and shop for daily needs and undertake passive recreational activities within their own neighbourhoods. One of Australia’s leading urban planners and designers believes that the…
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NEWS
Melbourne and Sydney dominate luxury price growth
Luxury residential price growth in Australia is highest in Sydney and Melbourne, according to the results of the Prime International Residential Index (PIRI 100) in Knight Frank’s The Wealth Report 2020, released today. The PIRI 100, which tracks the movement of luxury residential prices in 100 cities and second home markets globally between December 2018…
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NEWS
The novel coronavirus outbreak and Chinese cross-border real estate buying
Chinese Consumers at Home To understand the impact of the epidemic on Chinese cross-border real estate buying in overseas markets, it helps to first understand the situation for these buyers at home, in China. In much of the country, people are working at home or taking an enforced holiday until they can return to their…
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NEWS
Market Buy reports record online sale
Market Buy has kicked off the year with a major win, achieving what they believe could be the highest online sale in “the history of Australian real estate”. Using the online offer management system, @Realty in Far North Queensland sold the massive 8000-acre land holding known as “Hazeldean” for $8.344 million on January 9. In a statement, Market Buy noted…
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THE ELEVATE PODCAST
Perry Marshall – The network effect and how to build a business that lasts
Perry Marshall is one of the most expensive business strategists in the world. He’s guided clients like FanDuel and InfusionSoft from startups to hundreds of millions of dollars. Not only that, NASA’s Jet Propulsion Labs uses his 80/20 Curve as a productivity tool. His reinvention of the Pareto Principle is published in Harvard Business Review. His Google book laid the foundations…
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NEWS
New campaign demands ‘Solar for All’ Australians
A coalition of more than 20 community groups has launched a ‘Solar for All’ campaign, calling on state governments to end ‘solar lock-out’ and give all Australians access to safe and affordable energy. According to the groups, more than one third of Australians are locked out of access to clean energy because they rent, live in apartments, have unsuitable rooftops, or…
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NEWS
Harcourts International strengthens leadership with new CEO appointment
Global real estate franchise group, Harcourts International, today announced the appointment of Steve Caradoc-Davies as Chief Executive Officer to lead the 132-year-old company into the next era. Mr Caradoc-Davies will take over leadership of the 900-office network and approximately 10,000 team members in nine countries, from Mike Green, who takes on a new focus within the business. Both…
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NEWS
Brisbane agent ranked 9th commercial agent globally
An impressive 30 entries from Australia and New Zealand have made real estate giant RE/MAX’s Global Top 100 lists for the 2019 first quarter, with one Aussie agent ranking in the top 10. Brisbane-based commercial real estate specialist, Deepen Khagram came in at ninth spot in the Global Top 100 Commercial Agents list. Mr Khagram specialises in services stations and retail developments,…
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NEWS
RE/MAX announces its top global performers
Global real estate giant, RE/MAX, has just announced its top performers for the 2019 first quarter, with a staggering 30 entries from Australia and New Zealand in the Global Top 100 lists. “Here the designation ‘Global’ represents all agents outside of the United States and Canada,” explained Michael Davoren, Managing Director of RE/MAX Australia and RE/MAX New Zealand, “which is…
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NEWS
Stanton Hillier Parker relaunches Australian real estate arm
Stanton Hillier Parker has announced it will re-open its real estate arm in Australia. The business will be under the guidance of new management, offering boutique property advisory services to a diversified range of clients Australia-wide. Stanton Hillier Parker was originally formed via the merger of Hillier Parker, first established in 1896 in the United Kingdom, and Stanton & Sons…
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