Search Results for: first home buyers
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Real Estate News
An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence firm QV.
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FEATURE INTERVIEWS
Where are they now? Part 1: David Highland and Paul Signorelli
To celebrate the 40th edition of Elite Agent magazine last year, we thought we'd catch up with a few of the stars of the first issue including David Highland and Paul Signorelli.
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FEATURE INTERVIEWS
A key to the door: Tracey Dixon reflects on more than 20 years in the industry
When you celebrate your 21st birthday you’re officially given “the key to do the door”, so it’s no surprise that after 21 years in real estate Tracey Dixon has held the keys to many doors.
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of…
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INDUSTRY NEWS
First home buyer lending in NZ likely to slow down
The first home buyer market in New Zealand is likely to slow down in 2022 as banks continue to reduce low deposit home loans according to new analysis from CoreLogic.
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INDUSTRY NEWS
Ryan Serhant: The evolution of cryptocurrency, blockchain and the Metaverse in real estate
In the not too distant future half of all real estate transactions will be completed with cryptocurrency, according to the agent behind the most followed brand in real estate.
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OPINION
John Hellaby: End of year stats reveal aggressive buyer behaviour
Buyer activity has been at an all-time high, and Market Buy CEO John Hellaby says that’s reflected in the business's annual figures.
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INDUSTRY NEWS
Micro markets and varying price growth tipped for 2022
Property prices will continue to drift higher in 2022, however, a leading property expert believes house prices will soon be ‘demand-led’ as markets begin to normalise.
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INDUSTRY NEWS
When will auctions really kick off for 2022?
Just over a week into 2022, and the auction market is well and truly back, with auctioneers across the country reporting they’ve never been so busy in January and the auction year has never kicked off this early.
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Real Estate News
A year like no other for the property market
Herron Todd White (HTW) has released its final property clock for the year, looking at the factors which drove the property market in 2021.
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Real Estate News
Real estate roundup: the year that was
The Australian real estate market experienced a record year in 2021, with tight supply and strong demand leading to soaring prices. Agents, vendors and buyers innovated through COVID-19 restrictions, including lengthy lockdowns in Melbourne and Sydney. There were numerous mergers, acquisitions and buyouts, along with notable appointments and some surprising departures. Once again, AREC thrilled and inspired, while the AREAs…
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INDUSTRY NEWS
How AI can help you become a million-dollar agent
Most new agents find prospecting challenging as they don't know who to call and what to say.
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FRANCHISE NEWS
Second generation agent starts a new chapter in Figtree
Wollongong native and respected agent Michael Moate, along with his devoted team, will send off the year with a bang by launching Richardson & Wrench Figtree.
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INDUSTRY NEWS
Homebuyers lose $60k deposit to scammers
A young couple has lost more than $60,000 in home deposit savings, after falling victim to a business email compromise scam. This type of scam – which commonly targets homebuyers – has seen a rapid rise in recent years, with the number of cases jumping from 900 in 2019, to 1300 last year, according to The Daily Telegraph. Luke and…
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Elite Agent
30 minutes with Domain’s John Foong: real estate the Australian way
The Australian real estate market is perfectly poised to take the best trends and features of big corporate in the US and amplify them to help agents build their brand and success. That’s the view of Domain’s new chief revenue officer John Foong, who joined the platform in Australia after almost 15 years with Google and Uber. Speaking exclusively to…
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FEATURE INTERVIEWS
From dirt to keys: 30 minutes with Brad Caldwell-Eyles
If you hear about a high-end project in Sydney's eastern suburbs, the agent's name following it is usually Brad Caldwell-Eyles.
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FRANCHISE NEWS
Work-life balance is the key to an agency’s success
Great staff members are hard to find, and with a growing team over multiple offices Roy Amery knows the value of dedicated personnel.
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INDUSTRY NEWS
New Zealand property market trends to watch in 2022
For the New Zealand real estate market, 2021 has been the year the government stepped in and regulatory pressures increased in an effort to curtail rapidly rising property prices. Across the country the 12-month change in median values recorded jumps of between 6.7 per cent in Sunshine Bay, and a whopping 47.7 per cent in Woodville. The figures, released in…
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INDUSTRY NEWS
Almost two-thirds of borrowers use mortgage brokers
As competition ramps up within the lending space, more buyers are seeking the services of mortgage brokers to help them fully understand their options. Mortgage brokers accounted for almost 67 per cent of mortgages written last quarter, according to the latest figures from the Mortgage & Finance Association of Australia (MFAA). The result is 6.8 per cent higher than the…
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INDUSTRY NEWS
15 real estate professionals offer their property market predictions for 2022
After a bumper year for real estate, there’s a lot of talk about what the property market will do in 2022.
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Real Estate News
Records smashed as almost 5000 properties go under the hammer
Another auction record has been smashed with almost 5000 properties taken to auction in a week where volumes far exceeded all previous highs across almost every capital.
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Elite Agent
Independent chooses to double up with Raine & Horne in Maitland and Cameron Park
Raine & Horne Maitland and Raine & Horne Cameron Park have opened under the leadership of long-term property specialists Paul Hartgers and Jessica van Aswegen.
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INDUSTRY NEWS
First Home Loan Deposit Scheme issues more than 4600 new guarantees
Aspiring first home buyers are being urged to secure their place in the First Home Loan Deposit Scheme (FHLDS) before Christmas, with the release of more than 4600 new guarantees.
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INDUSTRY NEWS
Canstar report reveals some Aussies expect property prices to ‘skyrocket’
Despite property prices soaring more than 20 per cent this year, 18 per cent of Australians expect prices to “skyrocket” further at some point in the next two years, according to new research. Canstar’s fifth annual Consumer Pulse Report also showed 44 per cent of Aussies expect house prices to continue to grow at a steady pace, while 12 per…
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Real Estate News
Australia’s most popular investment location revealed
Remote and borderless investing has been supercharged by COVID-19, with new data revealing property investors have doubled the distance between where they live and why they invest, in response to the pandemic. Managing Director of MCG Quantity Surveyors Mike Mortlock said the latest Property vs. Postal survey revealed a picture of changing investor buying habits. The numbers showed the average…
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INDUSTRY NEWS
A record-breaking year and trends to watch in 2022
Australia has smashed property records in 2021, racking up the highest number of sales and fastest rate of annual house price growth on record, according to new research. Domain’s End of Year Wrap shows that 446,800 houses and 144,500 units sold this year, with the combined capital city house price quickly closing in on the magic $1 million mark. It’s…
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FEATURE INTERVIEWS
A career that kicks goals: Michael Dowling
Michael Dowling shares his most memorable sale and the one thing he'd like to see changed in the industry.
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INDUSTRY NEWS
Report tips Sydney’s top performers for 2022
Rydalmere is tipped to be among Sydney’s best performers in 2022, according to a recent report which has crunched the numbers and looked at growth indicators for more than 600 Sydney suburbs. According to the Shore Financial State of Sydney Report, the suburb, which is next to Parramatta in Sydney’s west, could enjoy price growth of 17.4 per cent in…
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INDUSTRY NEWS
Australian families spend 36 per cent of their income on their mortgage
Housing affordability continued its decline in the September quarter with hard-hit first-home buyers pulling out of the market, the latest Real Estate Institute of Australia (REIA) analysis shows. The REIA’s Housing Affordability Report found 36.2 per cent of owner-occupiers’ income went to paying their mortgage, which is a 3.9 percentage point rise over the past year. The national median weekly…
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INDUSTRY NEWS
RBA keeps cash rate on hold with Omicron a new source of uncertainty
At its final meeting for 2021, the Reserve Bank of Australia has opted to keep the official cash rate at its historic low of 0.1 per cent, with a new Covid variant causing some market uncertainty. In his monthly statement today, RBA Governor Dr Philip Lowe said the Australian economy was recovering well from the setback the Delta outbreak caused,…
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OPINION
Great sales agents don’t sell homes – they create raving fans
In this marketplace, selling a home hasn't been easy.
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INDUSTRY NEWS
Hot property market cools as gap between buyers and sellers narrows
Price growth in Australia’s scorching property market has peaked and the first signs of a shift from an extreme sellers’ market to one that is more balanced have appeared, new data shows. The latest PropTrack Housing Market Indicators Report shows that while there are still a throng of active buyers in the market, for the first time since the pandemic…
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Real Estate News
Clearance rate slips below 70 per cent as volume continues to surge
Auction volumes couldn’t quite equal the record highs of last week, but still this week proved the second busiest auction week ever, with 4136 properties going under the hammer across the major capitals.
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Elite Agent
How we sold it: 38A The Terrace, Ocean Grove
Building relationships is real estate 101, but it’s not just connections with buyers and sellers that can help you sell properties. RT Edgar Bellarine Director Brock Grainger says forging strong partnerships with local media organisations has helped him tell the story behind his properties and this works to complement his digital and print marketing campaigns. The result is more eyes…
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INDUSTRY NEWS
Investors back in the market but owner-occupier lending falls
New investor loan commitments rose for the 12th consecutive month in October, while lending to owner-occupiers dropped by more than $800 million, according to new data.
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