Search Results for: first home buyers
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INDUSTRY NEWS
Buyers seek transparency: 72 per cent skip properties without prices listed
Property listings without prices are buyers' biggest pain point when searching for a new home on realestate.com.au, according to new research from REA Group.
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INDUSTRY NEWS
Property market to recoup 2022 downturn by the end of the year
Australia’s property market has almost entirely recovered from the 2022 downturn and will do so by the end of the year, according to Domain.
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INDUSTRY NEWS
First-home buyers opting for “memories not mortgages”
First home buyers are increasingly First-home buyers are increasingly opting for “memories not mortgages” as the high cost of getting into the market makes owning a home less appealing to younger generations in the post-Covid world.
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INDUSTRY NEWS
3 things you need to know about the US buyer-agent commissions trial
Week one of the Sitzer/Burnett class action lawsuit has drawn to a close, in a case that has the potential to shake up the industry and change the way US agents get paid.
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INDUSTRY NEWS
First-home buyers dominate the NZ market
The number of New Zealand property sales in September were 8 per cent higher than a year ago, with first-home buyers dominating the market.
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INDUSTRY NEWS
Transparency and efficiency: Why you need to get an inspection report upfront
Transparency is the key to establishing trust in any industry, but it holds particular significance in Australian real estate today.
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WEIRD AND WONDERFUL
Home design trends to watch in 2024
Brutalist design elements, Murano glass chandeliers and cold plunge pools are set to transform homes and dominate social media feeds in 2024.
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INDUSTRY NEWS
Investors can still find affordable options
Despite near-record high property prices across the country, there are still affordable locations for investors, according to a new report.
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INDUSTRY NEWS
Building a house ‘one room at a time’
We’ve all heard about building a house one brick at a time, but an innovative new construction approach could see homes built ‘one room at a time’, in a bid to tackle the current housing crisis.
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Real Estate News
Pressley’s proposal: Why stamp duty should be swapped for a Medicare-style housing levy
Leading property analyst Simon Pressley has called on stamp duty to be abolished and replaced with a three per cent, Medicare-style housing levy.
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INDUSTRY NEWS
Has the bank of Mum and Dad shut its doors?
Despite record-high property prices and surging interest rates, just 1-in-10 first-home buyers are tapping into the bank of Mum and Dad to get into their first property.
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Elite Agent
How agents can dramatically improve their auction campaigns
The number one goal for most real estate agents when it comes to marketing a property, is to engage buyers.
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Celebrity Homes
Nick Cummins puts his Broadbeach Waters home on the market
Renowned international rugby player turned reality TV star, Nick Cummins, affectionately known as the 'Honey Badger,' has decided to bid farewell to city life, putting his exquisite Broadbeach Waters residence on the market.
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INDUSTRY NEWS
Demand for the Home Guarantee Scheme surges
The number of Australian first-home buyers taking up the Home Guarantee Scheme has surged, as younger Australians battle to get into the housing market.
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APPOINTMENTS
Chrissie Ren joins The Rubinstein Group
The Rubinstein Group has appointed its first female sales executive, with Chrissie Ren joining the group at its new Rose Bay office.
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FRANCHISE NEWS
Going for gold: RE/MAX opens in Olympic Park
Experienced business owner and sales director, Joseph Choi, has opened RE/MAX Prestige, which is the first, and currently the only, residential real estate sales office established in Olympic Park, Sydney.
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INDUSTRY NEWS
Owner-occupiers lead the uptick in new lending
New lending is back on the rise after increasing 2.2 per cent in August, however, the overall level of lending remains down on last year.
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INDUSTRY NEWS
Interest rates on hold for fourth month in a row
The Reserve Bank of Australia has kept interest rates on hold at 4.1 per cent for the fourth consecutive month, with new Governor Michele Bullock noting the 12 earlier increases are working.
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INDUSTRY NEWS
New zero per cent deposit home loan option for homebuyers
A new home loan product that allows homebuyers to purchase a property with a zero per cent deposit has launched across Australia, aiming to reduce the barriers to entry for homeownership.
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INDUSTRY NEWS
Lower prices for unrenovated homes starting to entice buyers
Rising construction costs, led by shortages of trades, are making buyers wary of unrenovated homes, however, lower prices are starting to make them more appealing according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
Rents set to keep rising across the country
Rents are expected to keep on rising in Sydney, Melbourne and a number of the smaller capital cities and regional areas according to new research.
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INDUSTRY NEWS
Original winning apartment from The Block set for auction
An iconic Bondi Beach apartment, made famous by winning the inaugural season of The Block, will go up for auction on October 7.
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INDUSTRY NEWS
From jockey to Property Partner: How a brush with mortality led Damian Miller to a career in real estate
It was while recovering from a fall from a horse and surgery to remove a bone tumour, that former jockey Damian Miller realised he needed more in his life than horse racing.
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INDUSTRY NEWS
View Media Group launches new real estate portal
Antony Catalano’s View Media Group (VMG) has launched property portal view.com.au, with an innovative listings model where sellers can list their homes for free.
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INDUSTRY NEWS
House prices set to surge by June 2025
House prices will rise almost 15 per cent nationally by June 2025, with limited property supply, heavier migration and anticipated interest rate cuts fuelling the growth.
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INDUSTRY NEWS
QLD and NSW aren’t releasing enough land to meet surging population
New South Wales and Queensland are not releasing enough land to keep up with surging population growth, according to a new report.
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OPINION
Nerida Conisbee: Will house prices drop now that supply is increasing?
House prices have been rising across Australia since the start of the year.
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Real Estate News
Short-term loss-making sales have increased
Higher interest rates could be pushing sellers to accept a loss, with new data from CoreLogic showing the proportion of loss-making, short-term sales has increased.
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Real Estate News
$2.2 billion housing and infrastructure plan announced in NSW Budget
A $224 million Essential Housing Package has been announced as a major part of the NSW Budget as the State Government attempts to address the “historic neglect” of social housing supply.
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INDUSTRY NEWS
Home run for owner-occupiers as investors sit on sidelines
Current buyers looking for new homes are likely to be owner-occupiers, not investors, who want a standalone property rather than an apartment.
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INDUSTRY NEWS
PropertyMate’s platform transforms home searches, wins industry support
A property search platform that enables consumers to search for their perfect home by lifestyle options is also swiftly gaining support from real estate agencies and agents.
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INDUSTRY NEWS
Sydney’s super-prime home sales double
The number of super prime sales above US$10 million have doubled in Sydney, according to the latest Global Super-Prime Intelligence report.
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CONTRIBUTORS
Bianca Denham: Why your metrics matter in a shifting spring landscape
As a southern-state resident I, like many of my compatriots, am incredibly excited about spring.
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INDUSTRY NEWS
Housing affordability at the lowest level since 2008
Housing affordability continues to worsen across Australia with new data showing it now takes 45.9 per cent of a household's income to meet average loan requirements.
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INDUSTRY NEWS
Still affordable opportunities for investors, as prices rise
Despite property prices rising substantially since 2020, there are still opportunities for investors to find good quality locations that are affordable.
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