Search Results for: first home buyers
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Real Estate News
Perth prestige property prices power ahead
Knight Frank has released its Prime Global Cities Index for the first quarter of 2021, which shows prime residential property prices are rising across the globe - and Australia is no exception.
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Real Estate News
RBA leaves official cash rate at historic low at April meeting
The Reserve Bank has once again opted to leave interest rates at the historic low of 10 basis points at its monthly meeting on Tuesday.
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Elite Agent
How to avoid little white lies
A new report shows the perception of real estate agents as unethical is slowly, and rightly, changing. With that in mind, we thought we'd put some of the most common 'little white lies' real estate agents tell to top coach Claudio Encina, to see what agents can say or do differently to achieve the best results for themselves and their…
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Real Estate News
Australian housing values continued to grow in April
Housing values rose by 1.8 per cent in Australia in April, with monthly capital gains easing from a 32-year high in March, according to CoreLogic’s national home value index.
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Real Estate News
Preliminary results show over 80 per cent of auctions successful
The preliminary clearance rate has again exceeded 80 per cent this week on the back of higher volumes.
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Elite Agent
Shane Kempton: Positive mental attitude (in three simple steps!)
Chris is an agent who has missed out on his past two listing presentations. He is now starting to think he has lost his edge and he’s not as good as his competitors. He goes to his third listing presentation with this negative thinking and, sure enough, he misses this one too. When he gets home, he starts saying to…
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Real Estate News
House prices record steepest quarterly rise in 18 years
Australian house prices recorded their strongest quarterly increase in almost two decades in the three months to March, according to the latest Domain House Price Report.
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Real Estate News
The Agency releases Autumn Property Report, issues interest rate warning
The Agency has just released its Autumn 2021 Property Report, with CEO Matt Lahood pointing out the combined capital city dwelling values rose by 2.8 per cent in March, the fastest rate in 32 years.
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OPINION
How to create next level digital proposals
It can be hard to know where to start when selecting digital proposal software. Bill Shields explains the must-have features you should look out for and how they can help you win your next listing. The newest wave of digital proposal software gives you an unprecedented opportunity to create and deliver polished, personalised introductions that remind potential clients why you…
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INDUSTRY NEWS
Slight drop in auction volume and clearance rate
This week CoreLogic reported there were 2041 capital city homes taken to auction resulting in a preliminary clearance rate of 78.5 per cent.
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Elite Agent
Paying it forward: 30 minutes with Stu Benson
There's nothing Stu Benson loves more than a live auction. An industry expert synonymous with the sales technique in Sydney's north-west, Stu has weathered the COVID-19 storm to have his best quarter yet at the end of 2020.
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Real Estate News
Preliminary clearance rate tops 80 per cent on the back of higher volume
The combined capital city preliminary clearance rate has risen to 80.5 per cent this week after volume bounced back from the Easter slowdown. CoreLogic reported 2448 homes were taken to auction this week. Over the week prior, a lower 2199 auctions were held with preliminary figures showing 79.4 per cent of homes sold. That success rate later revised down to…
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Real Estate News
Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of Melbourne metropolitan houses passing $1 million.
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Elite Agent
Andrew Cocks: First-home buyers seize the moment
In the past few months, calls for the Reserve Bank to 'do something' about runaway house prices have become louder, ignoring Governor Philip Lowe’s repeated response that it is not the job of the central bank to meddle with house prices.
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Real Estate News
First-home buyers turning attention to homes requiring renovations
First-home buyers are increasingly looking for fixer-uppers to get a foothold in the property market, with four in five Australians planning to renovate their ‘new’ homes after purchasing.
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Real Estate News
New home building hits highest level in more than 20 years
New home building surged to its highest level in more than 20 years in the December quarter, with the Housing Industry Association attributing the rise to the Federal Government’s HomeBuilder program.
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Real Estate News
REIWA predicts state’s property values to climb higher than first thought
The Real Estate Institute of Western Australian has revised its growth predictions for the state’s property market, with its new forecast tipping values will rise by 15 per cent this year.
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Elite Agent
The value equation: Trish Varker-Miles
Trish Varker-Miles says creating valuable, effective content that educates and builds brand awareness will gather more traction with potential clients.
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Real Estate News
New research reveals first home buyers need six-figure deposit to enter market
According to new research, prospective homeowners in Australia now need a six-figure deposit to purchase a property.
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Real Estate News
Two-thirds of US homebuyers purchasing properties sight unseen, according to survey
More Australian homebuyers have been purchasing properties without making physical inspections over the past year and buying sight unseen is something that has become even more prevalent in the US since the onset of COVID-19.
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Real Estate News
Would scrapping negative gearing lead to more affordable house prices?
House prices are back in the news, and out of control. In the past three months the median house price in Sydney has risen by more than A$100,000 to A$1.12 million.
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Real Estate News
Properties selling at record speeds according to latest REA Insights Property Outlook Report
The Australian property is showing no signs of slowing down for the remainder of 2021, with the latest REA Insights Housing Market Indicators Report revealing views per listing are at record highs and days on site at record lows.
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Real Estate News
One in five first-time buyers considering crossing the border to enter property market
First-time homebuyers are increasingly looking outside their own back yards in an attempt to get a foothold in the property market, with many considering purchasing interstate, according to new research from comparison site Finder.
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Real Estate News
Openn season: Reserve prices smashed using online negotiation platform
Reserve property prices are continuing to be smashed around the country, as Australia’s surging property market continues to exceed expectations due to pent-up buyer demand.
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Elite Agent
Reserve Bank Board maintains current policy settings and leaves official cash rate on hold
As had widely been expected, the Reserve Bank Board opted to leave the official interest rate on hold at its meeting today, with the official cash rate remaining at the historic low of 10 basis points.
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Real Estate News
The CEO Magazine announces new Real Estate Executive of the Year award
The CEO Magazine has just announced applications are open for its annual Executive of the Year Awards, and this year the publication has announced a series of new categories, including one aimed specifically at real estate industry leaders.
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Real Estate News
Clearance rate rises in busiest week of auctions since 2018
The busiest week of auctions since 2018 proved a major success, with the preliminary clearance rate sitting at 84.4 per cent after 3791 properties were taken to auction at the weekend. CoreLogic noted this is the highest volume of auctions since March 25, 2018 when 3990 capital city homes went under the hammer. It’s also a significant increase on last…
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Elite Agent
Nick Psarros – Consistency the key to success
Industry veteran Nick Psarros has amassed dozens of awards over the past decade-and-a-half, and he’s recently added another to his trophy cabinet.
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Real Estate News
Ocean Grove home sells for $123k above reserve in Openn Negotiation
Online sales methods are still a relatively new concept for buyers in Victoria’s Ocean Grove market but a recent sale in the area attained $123,000 above its reserve price after listing through Openn Negotiation.
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Elite Agent
PropTech a critical piece of the puzzle: Jason Sharpe
As part of this series, Box+Dice CEO Travis Williams asks the tough questions of top-performing agents. This time around he quizzes Woodards Carlton North and Ascot Vale Managing Director Jason Sharpe about the top PropTech tools his agency uses and how those tools help foster success.
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Real Estate News
Auction volume rising, clearance rate holds firm
It’s been the busiest auction week since April last year, and volume is set to increase again, with CoreLogic tipping a three-year auction volume high next Saturday when 3800 properties are slated to go under the hammer. Key auction market points Busiest week since April last yearPreliminary clearance rate: 82 per centSevere weather did little to impact Sydney marketSydney now…
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Real Estate Content
Tom Cruise selling Colorado mountain retreat
Tom Cruise fans in the hunt for a slice of the Mission: Impossible star’s property portfolio are in luck, with the actor putting his 130-hectare ranch in Telluride, Colorado, on the market for the first time.
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Real Estate News
Know your Territory: Getting your listing right can make a big difference in Canberra
With Canberra house prices setting a new record high and unit prices also edging their way towards a new peak, many potential sellers appear to be changing gear.
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Real Estate News
Don’t blame zoning for Australia’s soaring house prices
Among the many explanations put forward for soaring home prices, one we hear repeatedly is zoning — the regulations that govern the purposes for which land can be used, including how densely people can be housed in different locations.
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Real Estate News
Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about the current boom in the Australian property market - and raised the possibility of regulators stepping in to address the situation.
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