Search Results for: first home buyers
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INDUSTRY NEWS
First home buyers saving deposits faster
First home buyers are saving almost $200 more per month than they were last year but it still takes more than eight years to gather enough for a deposit.
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Elite Agent
How to persuade sellers to style their home when the cost-of-living is biting
Across the real estate industry, it’s a well-known fact that a styled property will always deliver a better end result.
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INDUSTRY NEWS
Trend towards lifestyle locations set to continue
Queensland and Western Australia are set to be the big winners as people continue to flee the big cities and seek out affordable lifestyle locations.
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INDUSTRY NEWS
New housing construction continues to decline but costs are easing
Despite record demand for homes, the latest ABS construction data shows the pipeline of new homes continues to slow, with building starts down 16.4 per cent compared to last year.
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Celebrity Homes
San Diego’s famous rotating house for sale
A unique and innovative architectural marvel has hit the real estate market for the first time.
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INDUSTRY NEWS
Former Fairfax family estate hits the market for $12 million
A stunning country estate that was built for media mogul John Fairfax's grandson, has hit the market with an asking price of $12 million.
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INDUSTRY NEWS
Perth’s growing population to support property market prices
Perth’s property market has managed to defy 12 interest rate hikes and remain resilient, with strong population growth likely to continue the trend.
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CONTRIBUTORS
Bianca Denham: is commission really the problem?
Some people relish the opportunity to wipe the slate clean in the new fiscal year, while others are demoralised by the idea of going back to zero after a frantic dash to ensure a strong finish to the financial year that was.
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Celebrity Homes
Be the ‘king of the world’ at James Cameron’s luxurious ranch
James Cameron's iconic Santa Barbara compound, a sprawling 102-acre property with stunning ocean views, has recently been listed for sale in the prestigious Hollister Ranch enclave.
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OPINION
John Foong: Is AI a game-changer or a nothing-burger?
It’s been incredible to witness how, over the course of the past six months, Artificial Intelligence (AI) has gone from being a classic Stephen Spielberg movie of the same name to something that has captured the imagination of not just tech heads, but much of the internet population of the world.
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INDUSTRY NEWS
RBA issues a reprieve and holds interest rates
Borrowers are breathing a sigh of relief today after the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 4.1 per cent.
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OPINION
Bianca Denham: where are all the listings?
Even in the face of continued rate rises, the real estate market is defying the speculators and pessimists.
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Real Estate News
The building inspection tips your vendors haven’t thought of
An Adelaide building inspections company has released a 12-step checklist for real estate agents and their vendors to prepare a home for sale, ensure they’re not caught out by ‘hidden’ building issues and help generate the best price possible.
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INDUSTRY NEWS
Herron Todd White: $750,000 won’t buy you as much as it used to
The surge in property prices since 2020 has left many homebuyers out in the cold, with fewer options under $750,000 according to the latest Herron Todd White (HTW) Month in Review.
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FRANCHISE NEWS
How Lou Colella is winning in Melbourne’s Bayside area
Just three months after striking out with a new brand and fresh approach to his business, Melbourne agent Lou Colella hasn’t looked back.
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INDUSTRY NEWS
NZ home sales record first annual increase in two years
After being battered by one of the sharpest tightening cycles in the world, there are signs that the New Zealand market might be starting to turn the corner.
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Elite Agent
Grey matters: Why buyers will pay more for dark grey interiors
Dusky, dramatic walls are transforming the real estate market as buyers bid more for homes adorned with dark grey interiors.
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INDUSTRY NEWS
REIV leader Quentin Kilian and Charter Hall co-founder Cedric Fuchs named in King’s Birthday Honours List
Real Estate Institute of Victoria Chief Executive Officer Quentin Kilian has been named in the King’s Birthday Honours List, receiving a Medal of the Order (OAM) for his service to the real estate industry.
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OPINION
Seize the season: why winter is the perfect time to showcase properties
Each winter, agents begin to stockpile listing opportunities. They nurture sellers through the middle of the year with a plan to launch to market on September 1.
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Real Estate News
Escalating mortgage defaults as Australians grapple with mounting financial pressure
The number of Australians defaulting on their home loan is on the rise, according to new research.
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EPM: Industry News
RBA doubles down on interest rates as REIA says housing affordability at its worst this century
The Reserve Bank boss has doubled down on the need for this week’s interest rate hike, despite admitting some households are feeling the pinch and mortgage arrears have increased.
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INDUSTRY NEWS
Perth homes snapped up with listings at 13-year low
Perth listing levels have fallen to their lowest point in 13 years, with homes selling at their fastest rate on record.
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INDUSTRY NEWS
Interest rates rise to highest level since April 2012
The Reserve Bank of Australia has lifted interest rates a further 25 basis points to take the cash rate to 4.1 per cent.
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Elite Agent
Tech versus touch: finding real estate harmony
Christian Lous Lange wisely said, “Technology is a useful servant but a dangerous master”.
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INDUSTRY NEWS
Covid fallout to cause supply shortages for another two years
The impact of COVID-era policies is likely to lead to a lack of housing supply for the next two years according to new research.
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INDUSTRY NEWS
Bank of Mum and Dad prepared to give kids $33,000 to buy a home
The bank of Mum and Dad has long been the way many first-home buyers get into the market and a new report has found that parents are prepared to give their kids $33,000 to get them into a property of their own.
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OPINION
What’s Kevin Bacon got to do with real estate?
What’s standing between you and your next listing?
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OPINION
Winning auctions starts here: discover the key to setting the perfect reserve price
Setting the reserve price is one of the most difficult decisions your vendors will make during their auction campaign, so it’s crucial you take an approach that’s equal parts considered, empathetic and, most importantly, effective.
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INDUSTRY NEWS
First home buyers look to beat land tax deadline
First home buyers trying to avoid the new NSW Government’s reintroduction of stamp duty could risk paying too much for a home, according to a leading auctioneer.
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INDUSTRY NEWS
New study finds low interest rates lock first home buyers out of property market
Long periods of low interest rates are responsible for locking many first home buyers out of the property market, new research shows.
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INDUSTRY NEWS
Australia’s housing crisis: unmasking the real culprits and solutions
The housing crisis is the hot topic on everyone's lips, and with last week's Federal Budget, and the release of the third and final whitepaper from LongView and PEXA examining the conundrum released this week, it's not going anywhere fast.
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INDUSTRY NEWS
Private capital key to solving Australia’s housing crisis
Shared equity schemes and rental investment trusts funded with private capital offer the best chance to rectify the national housing crisis, according to new analysis released today.
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OPINION
First home buyers dip their toe back in the market
It isn’t a bad time to be a first home buyer at the moment.
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Elite Agent
Bill Karp: Why leadership will be his legacy
Bill Karp is celebrating 40 years in the real estate industry, but that doesn’t mean he is thinking about retirement.
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INDUSTRY NEWS
Small investors remain active in the commercial market
Higher interest rates have contributed to slowing commercial property sales, however, assets under $5 million are still popular with investors according to an expert.
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