Search Results for: first home buyers
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INDUSTRY NEWS
Reserve Bank keeps interest rates on hold for third consecutive month
The Reserve Bank of Australia has kept interest rates on hold for a third consecutive month as it seeks to gain more clarity on the nation’s economic outlook.
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INDUSTRY NEWS
“Buyers are back”, as higher prices boost confidence
The likelihood that rate hikes have ended and rising prices, has seen buyers return to the market according to a new report.
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INDUSTRY NEWS
Domain’s updated app to create more engaged buyers
Domain’s recently updated app aims to help boost buyer engagement and make life easier for sales agents.
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INDUSTRY NEWS
Housing affordability hits the worst level in three decades
The great Australian dream of home ownership is becoming a nightmare for many families, with new data showing that median-income earners can afford just 13 per cent of homes across the country.
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INDUSTRY NEWS
QLD and WA suburbs continue to outperform
The property market across the country continues to look increasingly positive, with an expert tipping more growth is still ahead for many areas.
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INDUSTRY NEWS
New listings off to a strong start this spring
The spring selling season appears to have started early with new listings growing 9.4 per cent across Australia in August.
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INDUSTRY NEWS
NZ property prices inching closer to a “floor”
The “floor” in New Zealand property is getting close, with values falling just 0.2 per cent last month according to CoreLogic NZ.
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INDUSTRY NEWS
Sydney’s luxury rental growth surges 13.1 per cent
Demand for Sydney luxury property has continued to surge with new data showing that rents have increased 13.1 per cent over 12 months.
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INDUSTRY NEWS
It costs $75,000 less to build a new home closer to Sydney CBD
Housing built closer to the Sydney CBD could end up saving $75,000 in infrastructure-related costs per home according to new research.
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INDUSTRY NEWS
MyBrix set to shake up property finance
A peer-to-peer platform that enables buyers to fund and invest in Australian real estate is set to launch next month, promising no interest and no repayments for homeowners.
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INDUSTRY NEWS
FHBs need up to two decades to save for a home deposit
Young Australians hoping to get into a home of their own are needing to spend up to two decades saving for a deposit according to new research.
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INDUSTRY NEWS
Troubled Chinese developer Evergrande files for bankruptcy
Troubled Chinese developer Evergrande has filed for bankruptcy in the US as it attempts to work out an offshore debt restructuring plan for its $468 billion in liabilities.
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INDUSTRY NEWS
40,000 low-income earners able to access the government’s shared equity scheme
Up to 40,000 low-income earners will get additional government help to purchase a home under the new Help to Buy scheme.
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INDUSTRY NEWS
New listings on the rise in Sydney and Melbourne
New listings are rapidly rising across Sydney and Melbourne, setting up a busy spring for agents, according to a new report.
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CONTRIBUTORS
The five most common excuses homeowners use to avoid professional property styling and how to answer them
As a professional property stylist there are a few regular excuses I hear from homeowners, via their agents, as to why they don’t need their home styled for sale.
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National
Industry applauds National Cabinet’s property reforms
A step in the right direction, game-changing, ambitious and sensible are just some of the terms real estate industry bodies have used to describe National Cabinet’s housing policies announced this week.
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INDUSTRY NEWS
Real estate group creates AI avatar to liaise with buyers
In an American first, a luxury real estate group in the US has created an AI avatar that buyers can liaise with to search for homes.Â
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Real Estate News
The Block marketing campaigns launch on Domain
Buyers look set to fork out close to $3 million for the homes on season 19 of The Block, with the marketing campaigns going live on Domain this week.Â
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Celebrity Homes
Code-breaker’s historic cottage sells in Georgetown
A quaint and historic one-bedroom cottage in Georgetown, with a past as intriguing as its crimson-red facade, has sold for about US$1 million.
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INDUSTRY NEWS
Apartments emerge as a top investment candidate
Strong demand for apartments has made units an enticing proposition for investors, with a host of locations likely to see rising prices in the next six months.
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INDUSTRY NEWS
The common sense way to provide the ultimate buyer experience
When Jane Briscoe began the process of finding a new family home in Sydney’s North in early 2022, never could she have imagined just how much of her time would be devoted to the search.
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Real Estate News
Domain launches new app features with a drive to reinvent search
With a view to reinvent the way buyers search for and progress towards buying a home, Domain has released new app features that will making finding a property easier, more transparent and more insights-driven.Â
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INDUSTRY NEWS
Old police station transformed into a family home for sale
A former police station that has been meticulously transformed into a beautiful family home is up for sale in South Australia.
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INDUSTRY NEWS
Port Hughes beach shack selling for first time in 50 years
A rare Port Hughes beach shack that has been owned by one family for more than 50 years is up for sale for the first time.
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INDUSTRY NEWS
From corner store job to heartwarming home sale: Samuel Shooter’s full-circle moment
When Samuel Shooter sold the pastel lemon cottage on Wirraway Close in Dubbo, it represented a lot more than just another sale.
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INDUSTRY NEWS
REIACT hosts the first Australian Auslan interpreted Auctioneering Championships
The Real Estate Institute of the Australian Capital Territory (REIACT) has hosted the first Australian Auslan interpreted Auctioneering Championships, in a push to build awareness for hearing-impaired home buyers.
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INDUSTRY NEWS
RBA keeps interest rates on hold a 4.10 per cent
Australian mortgage holders are breathing a sigh of relief this afternoon after the Reserve Bank of Australia opted to keep interest rates on hold.
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INDUSTRY NEWS
Adelaide house prices hit a new record high of $700,000
Adelaide’s property market has been arguably the best performed over the past few years, with the median house price hitting another record high in June.
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INDUSTRY NEWS
First 3D-printed house in Wolf Ranch completed
The first house in the world's largest 3D-printed neighbourhood has just been completed.
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INDUSTRY NEWS
Auction volumes keep rising, but buyers are still out in force
Despite the unseasonal increase in auction activity, the preliminary auction clearance rate continues to hold above 70 per cent with a “massive” number of registered bidders showing up on auction day.
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Celebrity Homes
Slam dunk: live like NBA star Tim Hardaway Jr
Former Miami Beach residence of NBA star Tim Hardaway Jr. hits the market for a whopping $9.1 million, offering potential buyers a chance to own a luxurious slice of South Florida paradise.
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INDUSTRY NEWS
New Zealand claim honours in Real Estate of Origin
The Kiwis have claimed bragging rights after Ray White’s 12th Real Estate of Origin, securing a huge 2498 appraisals in just four hours this week.
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INDUSTRY NEWS
Building Inspections Gold Coast: Palm Beach shacks signal rising trend
An original Palm Beach shack that sold within a day of hitting the market for the first time, is evident of a building and renovation boom in the highly-sought Gold Coast suburb.
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INDUSTRY NEWS
Property market still faces “significant headwinds” despite a rebound in prices
After six months of property prices rising in the face of high-interest rates, the ongoing recovery still faces “significant headwinds” in the second half of 2023 according to the latest Herron Todd White (HTW) Month in Review.
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INDUSTRY NEWS
NZ sales activity jumps and prices should follow
There are signs of life in the New Zealand property market, with new data showing that sales volumes are on the rise, which will begin to put upward pressure on prices.
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