Search Results for: first home buyers
-
EPM
Matt Lahood: The first 100 days in office (Part Two)
In Part One of this two-part series on Matt Lahood’s first 100 days in office as CEO of The Agency, we looked at his robust agenda for the arena of property sales and transfers. Part two takes a look at why property management, specifically catering to the aspirations of tenants is such a critical path for The Agency. The business…
Read More » -
INDUSTRY NEWS
Superannuation won’t help first time buyers get into the Sydney & Melbourne: CoreLogic
First-time home buyers expecting to use superannuation savings as a deposit for a property in either Sydney or Melbourne may find both cities way too pricey and would be still locked out from the housing market, CoreLogic research analyst Cameron Kusher has said. Broadcaster ABC recently crunched the numbers and showed that based on the average earnings for a 25…
Read More » -
INDUSTRY NEWS
Regional areas a draw for established buyers and retirees: Domain
Key Findings Regional resurgence in coastal areas including Tweed and Wollongong, with yearly price growth to date now 13-20 percent Richmond Valley records strongest quarterly growth, up 16.4 percent Median house prices in Dubbo, Orange, Wagga Wagga and Mackay are down over the quarter There are some major market movements in the March quarter and across the calendar year, with…
Read More » -
FRANCHISE NEWS
RE/MAX Australia Seeks Buyers from China with New Juwai.com Partnership
RE/MAX Australia and RE/MAX New Zealand have announced a new partnership agreement with Chinese portal Juwai.com for full Chinese translation of listings. Whilst RE/MAX listings will continue to be bulk uploaded to Juwai.com in English, the new partnership provides RE/MAX agents and their vendors the option to upgrade individual listings with full Chinese translation and a superior listing rank for…
Read More » -
FEATURE INTERVIEWS
Matt Lahood: The first 100 days in office
It is the legacy of President Roosevelt that we now watch a new leader’s first 100 days with anticipation. As Matt Lahood joins the prestigious real estate group, The Agency, as their CEO and leader, we asked what the priorities are for his first 100 days in office and how Matt plans to lead the group, under the curious eyes…
Read More » -
INDUSTRY NEWS
Treasurer’s pre-budget comments considered positive by industry experts
In a key pre-budget address to the Australian Housing and Urban Research Institute, Treasurer Scott Morrison reaffirmed the Coalition’s strident opposition to changing negative gearing tax concessions, plus a drive to increase private investment in the supply of housing. Key points in Morrison’s Address No disruption to current negative gearing policies (as this would come at a cost to renters)…
Read More » -
Real Estate News
ABS data highlights moderating investor housing finance:REIA
The latest housing finance figures released by the Australian Bureau of Statistics (ABS) on Monday confirmed that funding approvals for investor housing are moderating, the Real Estate Institute of Australia (REIA) said. The value of investment housing commitments increased by a modest 0.7 percent in February in trend terms and decreased by 5.9 percent in seasonally adjusted terms which are…
Read More » -
INDUSTRY NEWS
Cooling measures do little to stem property demand says REA, prices will continue to rise in April
Queensland concerns – drop in rental demand suggests the market will take time to absorb current supply Demand for rental properties on realestate.com.au hit a record high in March Buyer demand for NSW units weakened in March – affordability issues beginning to impact the state Victorian first home buyer measures have further accelerated demand Cooling measures pushed through by Australian…
Read More » -
INDUSTRY NEWS
REINSW welcomes changes to give grants for first home buyers to buy established homes
Reports that the New South Wales government is considering changes for first homebuyers including subsidies for the purchase of existing homes, as well as new ones and amendments to stamp duty, is consistent with effort taken by the Real Estate Institute of New South Wales for months on end. REINSW president John Cunningham said the institute had been highlighting the…
Read More » -
INDUSTRY NEWS
RBA leaves cash rate unchanged at 1.5 percent
The Reserve Bank of Australia (RBA) has decided to leave the cash rate unchanged at 1.5 percent after its monthly meet on Tuesday. RBA governor Philip Lowe said the Australian economy is continuing its transition following the end of the mining investment boom. “Recent data are consistent with ongoing moderate growth. Most measures of business confidence are at, or above,…
Read More » -
Real Estate News
Liverpool real estate agency merges with Starr Partners
In a statement made by the company on Monday, Liverpool-based Metro Professionals, following a recent rebranding, will now be known as Starr Partners Liverpool. Company director Gavin Belci said the name change comes after it had merged with Starr Partners earlier in the year to future-proof its business further which has been operational for the last 20 years. “Joining Starr…
Read More » -
INDUSTRY NEWS
Home Values Rise To Unprecedented Levels says CoreLogic March Report
Best performing capital city: Hobart +5.6 percent Weakest performing capital city: Darwin -3.1 percent Highest rental yields: Hobart & Darwin with gross rental yield of 5 percent and Hobart units at 5.6 percent Lowest rental yields: Sydney & Melbourne houses with gross rental yield of 2.7 percent and Sydney units at 3.7 percent Most expensive city: Sydney with a median…
Read More » -
Transform
Transform 2017 Week 4B Gavin Rubinstein: Mastering the Listing Presentation
Here are the highlights from our Super Six session with Ray White’s #1 Agent in NSW, Gavin Rubinstein. Coach: Gavin Rubinstein Key Points Have belief in the value you are bringing to your prospective vendor. Be the ‘specialist’ who understands the vendor’s situation before diagnosis (1st meeting: questions, 2nd meeting: proposals) Quote “Motivation is the key ingredient to creating a sale…
Read More » -
INDUSTRY NEWS
NSW state government still has its work cut out, says Property Council
Despite the good work, the New South Wales (NSW) government still has its work cut out for them when it came to all things housing, Property Council of Australia has said. The council’s executive director Jane Fitzgerald said the government should be congratulated for strong economic growth, infrastructure investment and a renewed focus on the regions, yet housing affordability, a…
Read More » -
INDUSTRY NEWS
Bob Wolff gives his take on the challenges facing real estate businesses today
Bob Wolff, one of the very first speakers from the first AREC is due to return for AREC’s 20th Anniversary, providing more tips and strategies to achieving superstar success. Bob Wolff from the US was the very first speaker at AREC in 1997 where he shared his strategies that have become the foundation for many real estate agents in Australia…
Read More » -
Transform
Transform 2017 Week 3A Kylie Davis: What Buyers Really Want, Creating Constant Referrals
Here are the highlights from our Super Six session with CoreLogic’s Head of Property Services Marketing, Kylie Davis. Coach: Kylie Davis Note: You can download a copy of the Buyer Perceptions of Real Estate Agents report here. Key Points The relationship between agents and buyers in statistics The importance of buyer care How to keep creating constant referrals Quote “25% of…
Read More » -
Elite Agent
Housing affordability – a simple problem with a complex solution: Rob Ward
The exponential growth of median prices in our capital cities over recent years has seen the issue of housing affordability permanently embed itself in the headlines. It’s a hot topic for consumers, the property industry and governments alike. Di Jones Real Estate CEO Rob Ward asks: how will future generations ever afford their own homes? “Housing out of reach”, “The…
Read More » -
INDUSTRY NEWS
Let foreign buyers purchase Australian properties like the good old days says iBuyNew
ASX-listed online property agency iBuyNew Group Limited said the federal government plans to restrict foreigners from buying more than half the homes or apartments in any new development will only discourage offshore developers from doing business in Australia. iBuyNew founder and chief executive Mark Mendel said the proposal pitched as one of a raft of possible measures in the May…
Read More » -
INDUSTRY NEWS
Let first home buyers access their super says REIA
Australians should be given a choice to access their super account for home buying purposes, said Real Estate Institute of Australia (REIA) president Malcolm Gunning. Gunning said Australians being allowed into to purchase their first home was not a radical idea as the use of retirement savings for a first home purchase has already proven to be successful in Canada,…
Read More » -
Real Estate News
realestate.com.au puts property first with Front Page
Major real estate website realestate.com.au is putting property first with Front Page, giving agents the opportunity to advertise their properties front and centre on its homepage. With the realestate.com.au home page receiving 16 million average monthly visits, Front Page provides a level of exposure for properties like never before. “Front Page provides our agents with unprecedented reach to showcase our…
Read More » -
INDUSTRY NEWS
Infrastructure boom will reduce Sydney’s “door-to-desk” times, predicts Raine & Horne
With tens of billions of investment dollars making NSW a world leader in infrastructure, faster commutes are set to boost property values, and quality of life, Raine & Horne, executive chairman Angus Raine said. “Major infrastructure projects such as the Sydney Metro Northwest, WestConnex, NorthConnex and the upgrades to the Princes Highway on the NSW south coast are set to…
Read More » -
Elite Agent
Why You Need To Have a Content Marketing Plan
When used to its maximum potential, content marketing can mean big benefits and more vendor inquiries for your real estate business. Melanie Hoole explains. Compared with many other industries, such as motoring, travel and insurance, real estate is still lagging behind when it comes to content marketing. A softer approach than direct selling, content marketing is about sharing useful, compelling…
Read More » -
Real Estate News
HIA is happy that Federal Gov is doing more to help first home buyers
The Housing Industry Association (HIA) has thrown its support behind the Turnbull Government’s to focus on first home buyer access and reducing the costs of new housing supply. Treasurer Scott Morrison is currently in London, looking to find ways to open up our housing market to more people and help solve the crisis in some of our cities, taking the…
Read More » -
Real Estate News
RBA may further curb foreign lending towards overseas investors
There is a possibility that the RBA could take further macro-prudential measures in stifling lending towards foreign investors in order to give more locals the much-needed break into its own housing market, particularly on the east coast of Australia. Referencing the 2014 macroprudential measures which included cap on investor lending growth and more prescriptive loan serviceability guidelines, Assistant RBA Governer…
Read More » -
FRANCHISE NEWS
RE/MAX agents making top sales
RE/MAX agent Tyler Bean made the top ten Brisbane sales list recently with a home in Charteris Street, Paddington, selling for $1.6million. The contemporary home over three levels, with a pool and views, sold under the hammer on 25th February. The median price for a four-bedroom Paddington home is $1.15 million. “The beautiful views were a definite selling point, and…
Read More » -
TECH + SOCIAL
Samantha McLean: It’s always about time
Since everyone’s time is limited to the same 24 hours in a day, the equation comes down to how much you can fit into those 24 hours, whether it’s real estate, other work, play or family.
Read More » -
INDUSTRY NEWS
Raine & Horne expands to Riverwood, New South Wales
As part of its continued expansion in Sydney’s South, Raine & Horne has opened a new office at Riverwood. The new office will be led by Gary Singh, who has recently rebranded his three year business Goldstarr Property Group into the 134- year old real estate franchise for ease of business. “Raine & Horne is high in the South West,…
Read More » -
INDUSTRY NEWS
REIA: Affordability Declines Despite Historically Low-Interest Rates
Housing affordability has been reduced across all Australian states in the December quarter of last year, with New South Wales (NSW) remaining the least affordable state for homebuyers, according to the Real Estate Institute of Australia (REIA). The latest Adelaide Bank/REIA Housing Affordability report saw the proportion of income required to meet loan repayments rise to 30.4 percent, an increase…
Read More » -
Real Estate News
REIWA: February Sales Activity Increases In Perth
Sales activity in the Perth metro region rose in February, with the Real Estate Institute of Western Australia (REIWA) data showing that volumes were up by eight percent compared to January. REIWA president Hayden Groves said the improve activity in February was welcoming after the traditional lull between the Christmas and New Year holiday period. “It’s good to see buyers…
Read More » -
Real Estate News
REIA: Renters Forgotten Victims of Negative Gearing Reforms
Changes to negative gearing policy would drive up rents and affect the most vulnerable people in the community, according to the Real Estate Institute of Australia (REIA). REIA president Malcolm Gunning said political gamesmanship had seen the plight of first homebuyers, low-income earners and other renters forgotten in the debate around reforms to negative gearing. “One of the primary beneficiaries…
Read More » -
Real Estate News
Laing+Simmons MD says NSW gov should do more to help first home buyers into the market
The Reserve Bank (RBA) has left interest rates on hold as expected, piling more pressure on the New South Wales (NSW) government to take the lead out of its Victorian counterpart and introduce strategic measures to support first home buyers. Laing+Simmons managing director Leanne Pilkington said interest rates were at their lowest point in the cycle particularly from the bank’s’…
Read More » -
Elite Agent
The interest rate decision and blaming the Kardashians for an impending economic crisis in Australia
The interest rate hold yesterday shows signs of a weak domestic economy, with household debt levels a significant factor. According to CoreLogic, the ratio of household debt to disposable income is at a record high of 186.9 percent. In other words, for every $100 we have to spend (after bills), we are spending $186.90! At that level, it is clear…
Read More » -
INDUSTRY NEWS
No relief in sight for buyers and renters as Aussie property demand skyrockets
Demand for property has hit yet another record high in February, suggesting that the price growth will continue, while the affordability crisis in Sydney and Melbourne will only become more prevalent, the latest REA Group Property Demand Index report said. As a result of this, people will continue to be priced out of the market and pushed to regional areas,…
Read More » -
National
REISA wants stamp duty abolished to stop the state’s brightest from moving to the Eastern states
The Real Estate Institute of South Australia (REISA) wants its state government to replicate the move taken by the Victorian authorities in abolishing stamp duty for first homebuyers as it strongly believes the step would stem the outflow a huge brain drain from moving interstate. “The state government is always seeking ways of making South Australia more attractive to our brightest…
Read More » -
Real Estate News
REINSW calls on NSW to follow Victoria’s lead on stamp duty
A decision by the Victorian Government to abolish stamp duty for first homebuyers for purchases below $600,000 should propel the New South Government to also meaningfully tackle housing affordability. REINSW President John Cunningham said premier Gladys Berejiklian must put meaning behind her assertion that housing affordability is the number one priority for her government. “Victoria has acted,” Mr Cunningham said.…
Read More »