Search Results for: first home buyers
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Elite Agent
Young gun agent sells $30 million in stratospheric seven weeks
In a fantastic run, real estate young gun Dion Markovics of Raine & Horne Double Bay has sold $30 million worth of property in seven weeks.
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Elite Agent
Michael Coombs: Selling real estate by numbers
Flashing in bright red text on a charcoal background is the figure $1,600,000,000. No, it’s not the prize the latest lotto winner has scooped, but the total value of properties Michael Coombs has sold. It’s an enviable figure by anyone’s standards and one that sits proudly on the LJ Hooker Avnu founding partner’s website biography. When it comes to prestige…
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Real Estate News
Sydney and Melbourne set for high capital growth in 2021
Pete Wargent, COO of property buyer's agent platform BuyersBuyers.com.au, says that the housing market landscape has shifted quickly over the past three months, with prices now rising across the capital cities and buyer sentiment surging. Mr. Wargent of BuyersBuyers.com.au said 'enquiry has picked up strongly over the past six weeks,…
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Real Estate News
Auctions clock 75.1 per cent preliminary success rate
The preliminary clearance rate is sitting at 75.1 per cent after a weekend that saw 2065 auctions held across the capitals. CoreLogic notes the volume is down slightly on the week prior when 2168 auctions were held, but the initial success rate has risen from last week’s 73.9 per cent,…
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Real Estate News
Work from home trend to continue to impact real estate in 2021: LJ Hooker
A recent survey conducted by LJ Hooker found that prior to COVID, 79 per cent of people worked at their place of work and 21 per cent from home. This shifted over the course of the year, with 38 per cent of people currently working from home. Furthermore, only 64 per cent say they will be returning to their place…
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INDUSTRY NEWS
First home-buyers dominate for the first time in 10 years: REIA
The most recent ‘Housing Affordability Report (HAR)’ revealed a 10-year high for first home ownership and an overall improvement in housing affordability across Australia. REIA President, Adrian Kelly, said a combination of factors meant that housing affordability has faced a bright spot for those who entered the market during the September 2020 quarter. “Market entry has experienced its largest year-on-year…
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Real Estate News
Australia’s housing market continues the recovery trend: CoreLogic
Australia's housing market continued along a recovery trend through November. CoreLogic’s national index recorded a second consecutive monthly rise in November, with dwelling values up 0.8% over the month. The new recovery trend follows a 2.1% drop in Australian home values between April and September.According to CoreLogic’s Head of Research,…
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Elite Agent
Toward COVID normal: Travis Williams
In this exciting new column, Box+Dice CEO Travis Williams asks the tough questions of top-performing agents. First up it’s Fletchers Real Estate’s top auctioneer Tim Heavyside who talks about the impact of COVID-19 and what he believes 2021 will bring. What metrics changed for you once COVID-19 set in? All…
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Real Estate News
Eview’s Queensland arm expands further
Eview Group's exponential growth across their network continues, as their Queensland arm of the group expands.After an exhilarating and fast-paced six years of real estate operations throughout South-East Queensland, Chris Liu unveils his sleek and sophisticated self-titled brand, Chris Liu Real Estate, setting his sights on the local property market…
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Elite Agent
1.1 million Aussies plan to sell their houses in the next six months
DFA’s survey data concluded that over 1.1 million Australians intend to sell their property in the next six months. In terms of the demographics, 298,093 international owners (foreign citizens and Australians living overseas), 309,032 investors, 115,893 up traders, 350,093 down traders and 28,003 first home buyers intend to sell in…
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Elite Agent
50 lenders now offer mortgages under 2 per cent
There are 50 lenders now offering a total of 126 home loan under 2 per cent. That's 40 per cent of the 124 lenders on the RateCity.com.au database with at least one home loan rate starting with a '1'. On the average $400,000 home loan, a rate under 2 per…
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Elite Agent
89 per cent of property experts want land tax not stamp duty
Finder's RBA cash rate survey: 89% of experts support axing stamp duty nationally News highlights: Majority of respondents in favour of national land tax rollout Brisbane ranked as best capital city to buy property All experts surveyed (40/40) predict a cash rate hold for December 30 November 2020, Sydney, Australia -…
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Real Estate News
Which are the most affordable and liveable suburbs?
Research from PRD Real Estate has revealed the most affordable and liveable suburbs in Sydney, Melbourne, Brisbane, and Hobart, as we swing into the new year. PRD calculated the difference between the average home loan in a state, and the median unit and house prices in the suburbs to measure affordability. Liveability took into account crime statistics, amenities, employment rates,…
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Elite Agent
The Block’s Amity Dry takes on real estate
It’s been 23 years since Amity Dry was the new girl on the block. Not the hit television show. She’s done that – twice- very successfully. No, this time Amity has swapped the bright lights of the stage for a suit and joined Adelaide’s Ouwens Casserly Real Estate as a sales associate. It’s a career move the effervescent singer, actress,…
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Elite Agent
Market update: Which regional areas are on the rise?
The CoreLogic Regional Market Update, which looks at capital growth over the 12 months to October in Australia's 25 largest non-capital city markets, saw Tasmania's Launceston & North East region remain the top performer for houses for the third consecutive quarter (10.5 per cent). However, the thriving Tassie region lost…
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Real Estate News
Auction volume surges to early April levels, clearance rate keeps pace
The preliminary auction clearance rate has reduced a little this week, coming in at 73.6 per cent, after 1791 homes were scheduled for auction across the capitals. The volume is a slight increase on the week prior when 1728 properties were taken to auction, and marks the highest number of auctions since the week ending April 5. CoreLogic notes of…
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Real Estate News
Virtual property inspections here to stay as on-line traffic continues to surge
The coronavirus may have permanently changed the way people buy and sell properties as buyers continue to embrace the convenience of virtual property inspections.
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Elite Agent
Stamp duty could soon be scrapped in NSW
The NSW Government has today announced they are "considering a once in a generation change" in stamp duty laws.
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Elite Agent
The housing sector is turning a corner: ANZ
After considering their initial view of a 10 per cent housing drop "too pessimistic", ANZ economists now feel that the housing market bottomed out last month, and will rise throughout 2021.
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Elite Agent
‘Pain before gain’ – Investors will return with the international students
“Investors who already own property and are suffering may want to hang in there for another six or 12 months."
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Elite Agent
How to build an online brand: Drew Davies
Over the past six years, the Place Estate Agents Ascot Director has built a solid online presence as Australia’s most-followed agent on Instagram.
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Elite Agent
Optimism returns to the property market: report
Positive sentiment has returned to the property market, according to ME’s latest Quarterly Property Sentiment Report.
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Real Estate News
Patrick D’Arrigo inaugural recipient of @realty’s new Allstar Award
@realty has created a new awards program to recognise its top performing agents.
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Elite Agent
Banks start accepting further First Home Loan Deposit Scheme applications
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme. "The emphasis on new builds and an increase on the price caps for new homes means that it has never been a better…
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Real Estate News
Cash rate cut will improve housing affordability – if banks get on board
The RBA's decision to cut the official interest rate to a historical low of 0.10 per cent will improve housing affordability.
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Real Estate News
A fifth of Aussies in a better position to buy a house thanks to COVID-19
A fifth of Aussies in a better position to buy a house thanks to COVID-19 New research has revealed around half of Australians are planning home ownership within the next year, but what they are looking for in a new home is shifting as a result of COVID-19. “The CUA…
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Real Estate News
Over 96% of First Home Loan Deposit places have already been filled
The First Home Loan Deposit scheme allows buyers to purchase a property with just a five per cent deposit and without buying mortgage insurance, but the party is coming to an end.
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INDUSTRY NEWS
Auction markets continue to strengthen
As Victoria returns to in-person auctions, the market is gaining moment, with a surge in Melbourne listings contributing to 1456 capital city homes taken to auction this week. The figure is the highest volume of auctions seen since early April, while the clearance rate also proved strong, with preliminary data…
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Real Estate News
Tassie market activity at pre-COVID levels, as sales rise almost 40 per cent
The Real Estate Institute of Tasmania have delivered an extremely postivie September Quarterly report, which confirms that market activity has returned to pre COVID-19 levels.
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Real Estate News
Why more housing stimulus will be needed to sustain recovery
In response to the COVID-19 recession, federal, state and territory governments quickly provided support to the housing industry for two reasons. First, to safeguard jobs and, second, because investment in the housing and construction industries has a high economic multiplier effect. However, new research released today shows further housing stimulus measures will be essential to help drive an economic recovery into 2021…
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Elite Agent
How to get the best auction results: Damien Cooley
With the Victorian real estate industry now able to host in-person auctions, we thought it was the perfect time for a refresher course, courtesy of superstar auctioneer Damien Cooley, who shared his knowledge last July on the Elevate podcast. Damien Cooley is amazed at how many auctioneers actually don’t use a hammer. He notes it’s one of his most important…
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Elite Agent
New Zealand sees flood of first home buyers over September quarter
First Home Buyers made up a quarter of the total property purchases in New Zealand during the September quarter, according to figures from CoreLogic.
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Elite Agent
The full impact of HomeBuilder is now evident: HIA
The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last year. HIA
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Real Estate News
Better Homes and Gardens Real Estate opens on the Gold Coast
The growth momentum continues for Better Homes and Gardens Real Estate with the opening of their latest office in the coastal suburb of Runaway Bay, QLD.
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Elite Agent
First home buyer loans hit 11-year high
"The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today."
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