Search Results for: first home buyers
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Real Estate News
Top tips to clean up a flood damaged home
Television lifestyle presenter and Rochester resident Walt Collins has offered some critical tips on where to start a home cleanup after a flood.
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Real Estate News
Capital city auction volumes fall 4 per cent
Capital city auction volumes fell 4 per cent this week, with 1742 homes going under the hammer to return a preliminary clearance rate of 61.4 per cent.
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INDUSTRY NEWS
Slower start to spring for new listings but what’s to blame?
The extra public holidays in late September have contributed to a slow start to spring for sellers, with new listings 7.5 per lower than the prior month.
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INDUSTRY NEWS
Housing market passes ‘peak fear’ phase
Australian property markets have passed their “peak fear” phase and are expected to bottom out in the new year according to an expert.
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Real Estate News
New program to unblock local housing backlog
The NSW Government has announced an $11.5 million Unblocking Homes Program that will help fast-track the delivery of tens of thousands of homes tied up in local council red tape.
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SELLING + MARKETING PROPERTY
Imogen Callister: marketing that works in a slowdown
It's easy to market how great you are when the real estate sector is booming.
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OPINION
Manos Findikakis: How small actions can lead to big wins
Have you ever stood at the bottom of a lengthy staircase and been overwhelmed by the long journey to reach the top? Real estate can feel like that from time to time.
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Real Estate News
House price falls to continue into 2023: NAB
There’s likely more property price declines ahead with values to continue decreasing in 2023, according to the National Australia Bank.
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INDUSTRY NEWS
Rundown Sydney home in need of $500,000 in repairs hits the market
A rundown Sydney home that needs upward of $500,000 in repairs is attracting plenty of interest from potential buyers.
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Real Estate News
NSW Government announces offer for first home buyers to swap stamp duty for ongoing land tax
From January 2023, eligible first home-buyers in NSW will be able to choose between annual land tax and the upfront stamp duty. The scheme, called First Home Buyer Choice, includes an online calculator that will help buyers compare their options. For properties with a purchase price of between $650,000 and $1.5 million, buyers will have the choice of a smaller…
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INDUSTRY NEWS
Further rate rises likely in New Zealand: CoreLogic
Rising inflation in New Zealand will likely mean more interest rate rises ahead according to CoreLogic. CoreLogic NZ Chief Property Economist Kelvin Davidson said the fact that inflation had not yet slowed down and that the Reserve Bank of New Zealand considered the case for a 0.75 per cent rise should indicate further tightening ahead. “The past few weeks have…
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INDUSTRY NEWS
Rising interest rates lead to a surge in refinancing
Homeowners are refinancing their mortgages at record levels as the impact of rising interest rates start to take hold.
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Real Estate News
Preliminary clearance hits its highest peak since late May
The preliminary clearance rate has reached its highest point since May after auction volumes increased this week.
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INDUSTRY NEWS
Affordability continues to cause problems for first home buyers
The surge in home prices over the past few years continues to make it more difficult for first home buyers to get into the market. Finder’s First Home Buyers Report 2022 has shown that those people currently looking to buy rated affordability as their top factor in selecting a home, followed by access to public transport, proximity to shops, and…
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OPINION
How much does renovating add to the value of your home?
The level of renovation activity has slowed a little bit since the start of the year, driven by rising interest rates and difficulties in finding builders.
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Real Estate News
Auction volumes down but clearance rate holding steady
Consecutive long weekends have continued to impact auction volumes, with 1613 properties taken to auction across the combined capitals this week to return a preliminary clearance rate of 62.3 per cent.
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INDUSTRY NEWS
Low-deposit finance across New Zealand becoming harder to get
Low-deposit finance is becoming increasingly hard to secure in New Zealand as banks continue to tighten lending standards.
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INDUSTRY NEWS
Queensland rental supply falls 30 per cent as investors exit market
Surging house prices across Queensland have caused a wave of investor selling, the the number of available rental properties dropping dramatically.
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INDUSTRY NEWS
Adelaide land prices climb north of $200,000 for the first time
Adelaide real estate continues to be among the strongest in the country, with the value of land now surpassing $200,000 for the first time.
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INDUSTRY NEWS
First-home buyers quietly returning to the market
Despite rising interest rates, first home buyers appear to have passed “peak pessimism” and are slowing returning to the New Zealand property market, according to new data.
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OPINION
More jobs than people? Where we are set to see the worst housing shortages
For the first time ever, there are now almost as many advertised vacant jobs as there are unemployed people and the unemployment rate continues to trend downwards.
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INDUSTRY NEWS
Rising rates to continue to weigh on property markets: RBA
Rising borrowing costs will likely see property prices fall, however, the magnitude and timing is unclear according to the RBA.
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INDUSTRY NEWS
Agent hits ground running with morning workout
Real estate sales professional Angela Stergou prepares for the day ahead with a 30-minute workout every morning.
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Real Estate News
Clearance rate rises as auctions enjoy their busiest week since June
Spring selling season is under way in earnest with this week proving the busiest auction week since June while the preliminary clearance rate climbed to its highest point since May.
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SUPPLIER NEWS
Nathan Gallagher takes the helm as REA Group’s national sales director
REA Group continues its focus on customers with new roles announced for Ben Auchettl and Nathan Gallagher.
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INDUSTRY NEWS
Busiest winter for new listings in five years
Listings are beginning to pick up across the country, ahead of the typically busy spring season.
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Real Estate News
REIA: housing affordability drops further
Housing affordability has continued to drop with the proportion of income needed to meet mortgage and rent payments rising in the June quarter.
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INDUSTRY NEWS
Brisbane’s rental crisis putting vulnerable renters at risk
The rental crisis in Brisbane is leaving many vulnerable and low-income earners at risk of homelessness according to an expert.
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INDUSTRY NEWS
Trading up is getting easier in New Zealand
Upgrading your home is gradually getting easier across New Zealand, with new data showing the premium to trade-up is on the decline.
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SUPPLIER NEWS
MyHomeVault app puts property information in the palm of your hand
An Australian real estate app that stores property information in one secure place is now available on the Apple App and Google Play stores.
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FEATURE INTERVIEWS
A place for everyone: Green St Property
Green St Property is no ordinary real estate agency.
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INDUSTRY NEWS
Nerida Conisbee: rent control isn’t the answer to the rental crisis
There are almost twice as many people under rental stress than those experiencing mortgage stress, with ‘stress’ defined as spending more than 30 per cent of household income on rental or mortgage payments. In the most recent Census of Population and Housing conducted in 2021, there were 915,000 households spending more than 30 per cent of their income on rental…
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INDUSTRY NEWS
Cash rate rises for the fifth month in a row
The Reserve Bank of Australia (RBA) lifted the cash rate 50 basis points today and at the same time forewarned homeowners further increases were coming.
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Real Estate News
Queensland land tax will exacerbate the state’s rental crisis
The Real Estate Institute of Queensland has called on the State Government to repeal its “illogical” land tax regime or risk worsening the rental crisis and stymying investment in the state.
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Real Estate News
Slight drop in auction volumes sees clearance rate rise
After rising over recent weeks, auction volumes dipped almost 10 per cent this week, with 1814 homes going under the hammer across the combined capitals.
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