Search Results for: first home buyers
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INDUSTRY NEWS
Bridging loan FinTech Bridgit raises $7.7 million
Non-bank lender Bridgit has secured $7.7 million in its latest funding round as the FinTech company looks to expand its bridging loan product.
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INDUSTRY NEWS
Rising property prices, low interest rates lead to record housing debt
Housing debt levels have hit a record high on the back of soaring property prices new data reveals.
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Real Estate News
Investors driving rising markets on Herron Todd White property clock
Soaring Sydney property prices in 2021 “overshadowed” another key market trend of rising rental rates, according to the latest Herron Todd White (HTW) Month in Review.
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FLOOD RESOURCES
East Coast floods to affect vacancy rates
The floods in Northern NSW could impinge on the state’s already tight vacancy rates according to industry experts.
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Real Estate News
Auction volumes down by almost a third
Auction volumes have dropped by almost a third this week, but it is not recent flooding in Queensland and New South Wales that is the culprit but rather long weekends in four capitals.
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INDUSTRY NEWS
Housing affordability stretching homeowners to the limit
It’s tougher than ever to afford a home with new data showing the proportion of income needed to pay off a mortgage has risen to 37 per cent.
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OPINION
Sherrie Storor: How to build an EBU that gets results
‘Work smarter, not more’ is a great motto to follow in real estate.
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INDUSTRY NEWS
Australia’s most affordable housing markets close to the CBD
South Australia and Western Australia have the most affordable suburbs close to their respective CBDs, according to new research.
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Real Estate News
Volume remains high, with almost 3000 properties taken to auction
Auction volumes fell slightly this week, with 2945 properties taken to auction across the combined capitals, resulting in a preliminary clearance rate of 72.7 per cent.
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INDUSTRY NEWS
REIQ Salesperson of the Year switches to Market Buy
After almost 20 years in the real estate business, and an REIQ Salesperson of the Year award, Plum Real Estate’s Brett Andreassen has made the switch to the Market Buy platform.
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Real Estate News
Real estate industry comes together to aid flood victims
There are many great things about Australia but perhaps one of the best is how, when the chips are down, people come together.
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INDUSTRY NEWS
Investor loans hit a record high as affordability pressure mounts
Loans to investors jumped 6.1 per cent in January, showing “investors are backing the housing market”.
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INDUSTRY NEWS
Ryan Serhant to launch a virtual world
Million Dollar Listing New York star and luxury agent Ryan Serhant has announced the launch of his virtual world, which is to be named UNIVERS.
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INDUSTRY NEWS
Australia facing a housing supply crunch
Australia could be facing a ‘concerning’ housing shortfall of 163,400 homes by 2032 leading to further affordability issues according to a new report.
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FEATURE INTERVIEWS
Hayley Van de Ven: Unlimited
Hayley Van de Ven has come a long way in the past 20 years. From a young agent overlooked for promotion, to the savvy business owner behind two of RE/MAX Australia's most successful brands, Hayley has always had her eyes on the prize.
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SELLING + MARKETING PROPERTY
How to market long-held homes
Sir Donald Bradman is widely regarded as the greatest batsman ever to hold a cricket bat, with the man affectionately nicknamed “The Don” holding a test batting average of 99.94.
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INDUSTRY NEWS
Victorian housing tax to add thousands to cost of new home
A new Victorian Government housing tax could see the cost of a new home jump $20,000 with first-home buyers to bear the brunt of the price rises according to industry experts.
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OPINION
Manos Findikakis: Three key factors that set agents up for future success
In a market like the present, the biggest challenge for agents isn't finding listings nor selling properties, but rather attending to the basics that will set you up for future success.
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INDUSTRY NEWS
National scheme needed to bolster falling home ownership rates
An economic policy expert has called on the Federal Government to introduce a national shared equity scheme to help halt Australia’s falling home ownership rates. Grattan Institute Economic Policy Program Director Brendan Coates said whichever party won the Federal Election this year needed to tackle housing affordability and turn the nation’s rapidly declining home ownership rates around. “Within living memory,…
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Real Estate News
Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent higher than the same time last year.
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INDUSTRY NEWS
REIA announce National Awards for Excellence finalists
Finalists in the 17th REIA National Awards for Excellence 2022 have been announced, with the best agencies, agents and property managers set to vie for the coveted awards.
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INDUSTRY NEWS
More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three Queenslanders like the idea of a career in real estate.
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INDUSTRY NEWS
Antony Catalano to launch a new Melbourne-based publication
ACM Executive Chairman, Antony Catalano has confirmed that ACM will launch its first local news, lifestyle & property publication in the inner east of Melbourne, capturing Richmond, Cremorne, Burnley, Abbotsford and East Melbourne: the Inner East ReView.
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INDUSTRY NEWS
Aussie’s Spent $688 billion on property in 2021
Australians spent a whopping $688 billion in a home buying spree in 2021, which was an astounding 57 per cent more than the year before.
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FRANCHISE NEWS
C21 opens full service real estate agency in Box Hill
Century 21 is breaking the mould with its new real estate office in the booming suburb of Box Hill in Sydney’s North West.
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INDUSTRY NEWS
Proposed NSW property tax changes labelled ‘nonsensical’
The Real Estate Institute of NSW has labelled the State Government’s proposed changes to stamp duty "nonsensical".
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INDUSTRY NEWS
Aussie house hunters view property listings at a record rate
Homebuyers are out in force to start 2022, with new data showing views on property listings surged 48.2 per cent in January, setting a new record.
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INDUSTRY NEWS
Top 10 Perth suburbs tipped for price growth in 2022
Ten Perth suburbs that recorded well below 10 per cent price growth last year have been singled out as the areas primed for capital growth in 2022.
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INDUSTRY NEWS
Double-digit increase for SA house prices
The strength of South Australia’s property market has been revealed, with data from the Valuer-General indicating median house prices in the state increased 16.78 per cent in the 12 months to December 2021.
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Real Estate News
Top markets to watch for price growth in 2022
Price growth is set to accelerate in the family-friendly Melbourne suburb of Hallam and the Western Australia holiday hotspot of Broome, according to new analysis.
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INDUSTRY NEWS
Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
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Real Estate News
REIA calls for homebuyer help and the creation of property jobs
The Real Estate Institute of Australia (REIA) President Hayden Groves
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INDUSTRY NEWS
New listings still won’t meet demand in NSW
A flood of new listings set to come to market this month will not be enough to make a tangible impact on undersupply in New South Wales.
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Real Estate News
Inflation came sooner than expected, but RBA keeps rates on hold
Inflation has picked up faster than the Reserve Bank of Australia expected, but the board still elected to keep interest rates on hold at a historic low of 0.1 per cent today. At the bank’s first meeting of the year, the board did elect to stop further bond buying, with its final purchases to be made on 10 February. In…
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OPINION
How to start your own agency, without tripping over
Going solo and starting your own agency can be as daunting as it is exhilarating.
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