Search Results for: first home buyers
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INDUSTRY NEWS
Foreign investment is down, but for how long?
Foreign investment in Australian real estate fell over the last quarter, but a recent uptick in enquiries from Chinese buyers suggests the downturn will be short lived.
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SELLING + MARKETING PROPERTY
The simple fixes clients can make to help their listing stand out
It's an age old problem: You want your sellers to do everything they can to make their property stand out, but you don't want them to overcapitalise and risk losing money. Getting the answer right is even more important in a slowing market.
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Real Estate News
RBA announces tenth consecutive rate rise at its March meeting
The Reserve Bank of Australia has increased the cash rate by 25 basis points at its March meeting, taking it to 3.6 per cent.
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INDUSTRY NEWS
Mortgage affordability declines, rent crisis eases slightly: REIA
Mortgage holders are facing an increased financial strain for mortgage holders but renters have been given a slight reprieve, according to the Real Estate Institute of Australia's latest affordability report.
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FEATURE INTERVIEWS
Jack Henderson: building a brand through engaging content
When Jack Henderson left school, becoming a buyers ‘ advocate wasn’t on his radar.
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INDUSTRY NEWS
APRA chooses not to loosen borrowing restrictions
The Australian Prudential Regulation Authority has declined to loosen its current serviceability buffer for new home loans despite from the banks to do so.
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Celebrity Homes
Mark Wahlberg sells his LA mansion at a discount
Actor Mark Wahlberg has sold his palatial Los Angeles mansion, located in the Beverly Park enclave, for US$55 million in a cash deal.
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OPINION
Manos Findikakis: embrace the lead generation basics
The reality is lead generation is a career necessity, but it is not a complex science, and often it’s as simple as seeing opportunities that are right in front of you, each and every day.
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Real Estate News
Prices are falling, so why is it still so expensive to buy in New Zealand?
Property values have been falling in New Zealand, but rising interest rates mean Kiwis are handing over more of their income to make mortgage repayments, CoreLogic reports.
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INDUSTRY NEWS
Population patterns, not tax breaks, responsible for housing crisis
Australia's unique population patterns and a shortage of available residential land near jobs and services has had a far greater impact on house prices than interest rates or government subsidies, new analysis shows.
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INDUSTRY NEWS
HTW property predictions: Second half of 2023 to bring stability
Rapid interest rate increases have eroded the optimism surrounding residential property, but a slowdown in rate rises in the second half of the year is expected to bring increased stability to the market, Herron Todd White says.
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OPINION
Nerida Conisbee: solving Australia’s rental spiral
We need more rental properties. The problem is that the group that funds most of them isn’t too keen on supplying more right now.
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INDUSTRY NEWS
Auction clearance rate on the rise
Auction activity lifted again this week with preliminary figures from Domain recording a 67.6 per cent clearance rate from 1068 reported auctions.
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INDUSTRY NEWS
$100,000 St Kilda garage attracts first-home buyers
A St Kilda garage listed for $100,000, that has the potential to be converted into a small apartment has been attracting a lot of attention from potential first-home buyers keen to get into the exclusive Melbourne suburb.
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FEATURE INTERVIEWS
Agents got talent: kicking goals in the ring
Real estate professionals by day and singers, actors, reptile experts and kickboxers by night, many agents have hidden skills their clients don’t suspect. In part two of our Agents got talent special report, Noel Mengel sat down with industry high-achievers to uncover their alter-egos’ talents and how they’ve helped them in their real estate careers.
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INDUSTRY NEWS
The Adelaide hotspots to watch in 2023
Despite a slight downturn in prices, the Adelaide market remains one of the country's strongest performers, according to property expert and Hotspotting Director Terry Ryder.
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INDUSTRY NEWS
New South Wales the “poster child for failing housing markets”
A new report has found that the country's housing markets are in crisis, with New South Wales deemed the “poster child for failing housing markets”.
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INDUSTRY NEWS
Openn expands partnership with CoreLogic
Online property sales platform Openn has entered a commercial arrangement with CoreLogic that will see its software further integrated into CoreLogic's onthehouse.com.au website.
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INDUSTRY NEWS
RBA lifts cash rate to 3.35pc at February board meeting
The Reserve Bank of Australia has lifted the official cash rate by 25 basis points following its first meeting of 2023, taking rates to their highest level since 2012 and flagging that further rises are likely in the months ahead.
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INDUSTRY NEWS
Latest lending figures could be bad news for the rental market
A property expert says a decline in new investor lending could be a sign that the rental crisis is set to get worse following the release of the latest ABS lending data.
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FRANCHISE NEWS
Maleny Realty enters an exciting new era with Agents’Agency
Twenty-five years after first opening its doors, a Sunshine Coast agency has entered a new era, with Maleny Realty joining the growing ranks of the Agents’Agency network.
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INDUSTRY NEWS
Young buyers consider teaming up for first purchase
New research from NAB has found that 40 per cent of young Australians would consider buying property with someone other than a romantic partner as a way to get their foot on the property ladder.
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Real Estate News
Jimmy Burgess’s $500 million sales strategy
Top US real estate agent Jimmy Burgess has shared the secret to his success, outlining the strategy he used to generate more than $500 million in sales.
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INDUSTRY NEWS
Brisbane property prices fall by a record 10.9 per cent
After property prices in Brisbane boomed by more than 40 per cent during the pandemic, values are now falling at a record-setting pace.
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INDUSTRY NEWS
Zillow’s new AI-powered tool finds your perfect home with one sentence
US listings portal Zillow has launched a new AI-powered feature that lets prospective buyers search for homes in the same way they would describe it to their friends and family.
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INDUSTRY NEWS
Property price declines losing pace, Domain says
Property prices declined at a slower rate during the December quarter according to Domain, in a sign that the current downturn may be losing momentum.
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INDUSTRY NEWS
REIA announces finalists for National Awards for Excellence 2023
The Real Estate Institute of Australia has published its 2023 finalist list the REIA National Awards for Excellence (NAFE), which will be held in Perth on March 9.
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OPINION
5 types of copy every property listing needs in 2023
Buyers have their pick of some 11,500 properties listed every week in Australia, so marketing matters if you want your listing to stand out from the crowd.
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FEATURE INTERVIEWS
Sarah-Louise Anderson: strength and courage
If you could only choose one word to describe Sarah-Louise Anderson, it would have to be resilient.
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INDUSTRY NEWS
Perth vacancy rate at lowest level in four decades
Perth’s vacancy rate has dropped to its lowest level in 42 years, after falling to just 0.6 per cent in December.
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INDUSTRY NEWS
Mortgage refinancing activity up as survey shows borrowers are fudging the numbers
Owner-occupiers are refinancing in record numbers according to new statistics from the Australian Bureau of Statistics, as separate figures from Finder show that more than 10 per cent of borrowers lied about details on their loan application.
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INDUSTRY NEWS
The social media accounts we’re following right now
Here's a selection of the social accounts we've been following over the break.
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FRANCHISE NEWS
Popular Perth agent joins RE/MAX Extreme
Successful and sought-after real estate agent, Deirdre McTiernan, is the most recent key appointment to the RE/MAX Extreme team.
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INDUSTRY NEWS
When should NSW first-home buyers consider stamp duty over property tax?
It would take more than a decade for first-home buyers in NSW to be better off opting for stamp duty over the state's new property tax, though the scheme does risk inflating prices for properties under $1.5 million, Domain's Chief of Research and Economics says.
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INDUSTRY NEWS
Entire Tasmanian town of Tarraleah is back on the market
Tarraleah, a former hydro town in Tasmania, is back on the market following a Covid-disrupted campaign, with listing agent Ed McKay hoping 3D tours and a targeted video campaign will help bring it to the attention of high-profile investors.
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