Search Results for: first-home buyers
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Real Estate News
Stable population growth to support building activity
Population growth figures released this week are good news for the residential building industry, according to the Housing Industry Association. The latest ABS data shows Australia’s annualised population growth rate remained at 1.6% during the March 2019 quarter. HIA Economist Angela Lillicrap said the stable population growth is a welcome development for the residential building industry as it recalibrates to…
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Elite Agent
HTW Market Wrap: Sydney and Melbourne bottom out
The national property market continues to be a tale of very different states and cities, with some strength in areas like Canberra and Hobart, and clear weakness in Sydney and Melbourne. The positive news for property owners is that the latest commentary from national valuers Herron Todd White is that both Sydney and Melbourne are approaching the bottom with their…
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Real Estate News
realestate.com.au has launched ‘How to Home Loan’ – a video campaign
realestate.com.au has launched a new video series to help first-home buyers navigate the challenges of securing finance and buying a home. The tongue-in-cheek series, called How to Home Loan, stars Jess Harris and explores the everyday frustrations that come with the home-buying journey. From daunting bank meetings to maintaining the avocado lifestyle while trying to save, the five-part educational series…
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Real Estate News
Independent rebrands to reflect a focus on the future
Independent has rebranded their businesses, dropping ‘Property Group’ from the brand name to reflect a drive towards innovation. According to Chief Experience Officer John Minns, the company’s new look represents the future. “This rebrand is about updating the look and feel of Independent to be in line with how we are as a company – innovative, friendly, relatable and approachable,”…
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Real Estate News
RE/MAX Revolution expands in New Zealand
With its new name and a refreshed look, RE/MAX Revolution Howick comes as an exciting business expansion for Don Ha. The well-known Auckland real estate identity, who opened his first RE/MAX Revolution in Papatoetoe last year, has now expanded in the eastern suburbs of Auckland with a new RE/MAX Revolution office in Howick. RE/MAX Revolution in Howick will specialise in…
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Real Estate News
Independent Property Group to hold a free seminar for first-home buyers wanting to break into the Canberra market
Independent Property Group has announced the launch of a free seminar, sponsored by Westpac Bank, for first-home buyers looking to break into the housing market in Canberra. The event will feature Will Honey, Principal at Independent Property Group Tuggeranong, Aimee Bergan and Nicole Kerli from Westpac Bank, as keynote speakers on the evening. The expert panel will cover everything concerning finance…
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Real Estate News
Colliers International and Ad Group have partnered to launch a First Home Buyers guide
Melbourne-founded property technology business, AD Group have partnered with Colliers International to promote their First Home Buyers Guide to buying off-the-plan in NSW, a manual for first-home buyers to assist them in entering the NSW property market. ‘We are really proud to have developed Colliers International First Home Buyers Guide,” said Dennis Vertzayias, National Director, Head of NSW Residential Project…
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INDUSTRY NEWS
First home buyers claim their biggest slice of the property pie in six years
First home buyers have claimed their biggest share of new housing loans in more than six years, according to the latest ABS Housing Finance figures. The data shows first home buyers made up 18.3 per cent of owner-occupier loans taken out in November, up 0.2 per cent from last month. This is the highest share for first home buyers since…
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INDUSTRY NEWS
REIA elects new president
The Real Estate Institute of Australia (REIA) has welcomed the election of a new President, Adrian Kelly from Tasmania. Mr Kelly was elected as the 45th President of REIA, the national professional association for Australia’s real estate sector, at the Annual General Meeting held in Canberra on 13 December, effective immediately. Hayden Groves from Western Australia was re-elected Deputy President…
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FRANCHISE NEWS
Professionals expand into Adelaide Hills
Professionals are set to open an office in the booming Adelaide Hills and Mount Barker region, which is exploding in popularity with young families looking to break into the housing market. The Professionals Adelaide Hills co-principal and respected Adelaide property valuer Paul De Gilio said that with Adelaide’s growth constrained by its geographic location, the Mount Barker region had been earmarked…
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FRANCHISE NEWS
Founders return to RE/MAX to celebrate 21 years in business
RE/MAX United Vision, in the Brisbane suburb of Carina, celebrated 21 years in business recently with an event that brought founders Ron and Lenore Sieber out of retirement, home from their travels and into the limelight as guests of honour. Broker owner Gaby McEwan described Mrs Sieber’s presentation as unexpected and nothing short of inspirational. “Lenore spoke about how to…
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INDUSTRY NEWS
Winners announced for the third Annual REA Excellence Awards
Twenty-one winners were honoured at the third Annual REA Excellence Awards (AREAs) in Sydney last night. Recognising the most innovative, community-minded and highest-achieving individuals and businesses in property and media, awards were presented across the categories of Innovation, Service & Marketing Excellence and Community. This year saw the introduction of three new Gold AREA awards – Agent of the Year,…
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INDUSTRY NEWS
ABS data shows new lending has dropped to lowest levels in four years
The latest ABS housing figures show new lending has dropped to the lowest levels since August 2014 and lending to housing investors is at the lowest it’s been since 2013. The seasonally adjusted figures from September show an overall drop in lending of 3.8 per cent from the previous month. Owner-occupiers fell the most, down 4.2 per cent from last…
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FRANCHISE NEWS
RE/MAX Revolution named RE/MAX New Zealand’s best for third quarter
A real estate business that joined the RE/MAX New Zealand group at the start of this year now ranks as the Top Enterprise for July to September 2018. Don Ha opened the RE/MAX Revolution ‘Supa Office’ in Hunter’s Corner, Papatoetoe on January 1st this year. “We have only been with RE/MAX New Zealand since 1 January 2018, and we are…
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FRANCHISE NEWS
RE/MAX rewards top performing regions at Asia Pacific Convention
RE/MAX has acknowledged its top regional performances at the fourth annual RE/MAX Asia Pacific Convention this month, with Australia and New Zealand claiming four awards. Australia and New Zealand join 16 other regions in RE/MAX’s Asia Pacific network – South Korea, Thailand, Indonesia, Singapore, Philippines, Guam, Hong Kong, Macau, China, Japan, Taiwan, India, Sri Lanka, Mongolia, Malaysia and Myanmar. RE/MAX Australia…
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FRANCHISE NEWS
Ray White Frenchs Forest reopens with Megan MacKay at the helm
Local agent Megan MacKay, together with her husband Trevor Cain, has just re-opened Ray White’s office in Frenchs Forest in the heart of the Northern Beaches. The new office, at 49 Frenchs Forest Rd, was minutes away from the soon-to-open Northern Beaches Hospital and Frenchs Forest’s future community hub. For Ms MacKay, having started her real estate career with Ray…
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Real Estate News
First-home buyers come out on top in June, according to new ABS data
First-home buyers are currently dominating owner-occupier housing loans, with the number rising again in June 2018 to the highest rate since October 2012. The ABS housing finance figures for June 2018 show that FHBs now account for 18.1 per cent of owner-occupier home loans. The number of FHB owner-occupier loans has now increased by 11.4 per cent over the last…
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FRANCHISE NEWS
RE/MAX New Zealand celebrates performance and great leadership
RE/MAX New Zealand awarded its top performers for the first half of 2018 to complete its August Rally program, held at the Novotel Ellerslie, Auckland, where the network came together for a full-day event designed to bring a focus on leadership to RE/MAX members. Winners in the number of transaction stakes for January to June 2018 were RE/MAX Go For…
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INDUSTRY NEWS
Hobart surges as Sydney suffers in new property outlook report
The growing divide between Australia’s property markets has been highlighted again in a new report from realestate.com.au. The latest Property Outlook Report shows that while prices across Australia have risen 0.9 per cent on average, that figure does little to highlight the growing differences between the major capital cities. Data from realestate.com.au and CoreLogic shows that while the Sydney and…
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INDUSTRY NEWS
2018-19 state budget wrap up: What it means for the property sector
With the majority of states (South Australia will need to wait until September due to their change in government) receiving their 2018-19 budgets, here’s how the property industry fared across the nation. New South Wales The second NSW budget handed down by Treasurer Dominic Perrottet had an aim to tackle transport, health and education projects, but left a lot to…
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FEATURE INTERVIEWS
Oliver Koltovski: Life of a Salesman
Tell us a bit about yourself and your role at First National Dapto. I’ve been in sales since I was 16, when I started in retail and telecommunications. I gained a lot of experience providing a high level of customer service; it was a great foundation. I then went on to a management role for a national pool and spa…
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FRANCHISE NEWS
Raine & Horne opens new office in Perth commuter belt suburb
Raine & Horne has opened a new office in Ellenbrook – a commuter belt suburb of Perth, 45 kilometres northeast of the central business district. Ron Lyster, an experienced local real estate agent and property development manager, will lead Raine & Horne Ellenbrook. Mr Lyster has switched to Raine & Horne from another leading real estate group. “Ron has been…
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FEATURE INTERVIEWS
Field of Dreams: James Hand
It takes incredible vision to sell the dream of stately homes and high-spec apartments while standing in a field amidst grazing cows, but for James Hand of Latitude Real Estate in Victoria it’s a success story based on knowledge, innovation and, above all, respect for clientele. Here James explains to Elite Agent how his innovative development firm includes both the…
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FRANCHISE NEWS
Buxton Real Estate opens fourth Geelong office
With the average house price in Greater Melbourne doubling in the last decade, Buxton Real Estate says more and more Melbournians are making the move to Geelong and Ballarat. Buxton CEO Nathan Jones said the volume of new estates being built, particularly in Ballarat, is creating property stock which cannot be challenged when comparing entry point prices. “These new estates…
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INDUSTRY NEWS
First Home Buyer Share Reaches Five-Year High, HIA
The January 2018 housing finance figures show that the First Home Buyer share of owner-occupier mortgage volumes is the highest it’s been for five years. “During January, First Home Buyers accounted for 18 per cent of home mortgage loans to owner occupiers. This is the highest monthly share in over five years,” explained Shane Garrett HIA Senior Economist. “First Home…
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Elite Agent
Negative Gearing: A Balancing Act
Bruce Oliver from Xynergy Realty in Melbourne says that while negative gearing doesn’t necessarily help the affordability for first home-owners, it cannot be scrapped completely. The contentious topic of negative gearing is one that doesn’t seem to disappear, with the biggest question being what to do with negative gearing where housing affordability is an issue that is affecting many. It’s…
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FRANCHISE NEWS
Boutique group continues strategic expansion, opens seven offices in 11 months
Boutique real estate group, Starr Partners, will extend its NSW presence with a new Ropes Crossing office opening today. Ropes Crossing is the group’s seventh network addition in the last 11 months, following offices in Glenmore Park, Newcastle, Liverpool, Maitland, Minchinbury and Miller opening in 2017. Starr Partners CEO Douglas Driscoll says the group is focused on strategic network expansion following…
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INDUSTRY NEWS
Westpac Annual Home Ownership Report reveals new home buyer trends
Westpac’s 2017 Home Ownership Report reveals first home buyers1 have significantly reprioritised what matters most when searching for their ideal home. The research, commissioned by Westpac in September, surveyed over 1,000 Australian homeowners and first home buyers, and features trend data from the past two years. The latest report demonstrates in 2017 first home buyers are less focused on buying…
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OPINION
Don’t let the mainstream media put you off your game
You wouldn’t know it from some mainstream media reporting, but housing affordability is actually getting better, not worse. That doesn’t mean it’s suddenly become easy for first home buyers to enter the market or for buyers of any kind to service a mortgage. All it means is that it’s now less hard. The latest quarterly Adelaide Bank/REIA Housing Affordability Report…
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INDUSTRY NEWS
Beachfront markets lead growth surge: REIQ
Southeast Queensland’s world-class beaches are driving median price growth for our coastal housing markets, with Noosa reining supreme with 9.6 per cent annual growth, followed by Gold Coast with 7.3 per cent annual growth and Sunshine Coast LGA with 6.8 per cent annual growth to median house prices. REIQ CEO Antonia Mercorella said the growth surge was helped along by…
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Elite Agent
Service wins the accolades for Woodards Blackburn
Woodards Blackburn in Victoria recently took home two awards at the recent REIV awards, for Sales Agency of the Year and in Project Marketing. Woodards Blackburn Director and Sales manager Julian Badenach has been with the brand for 18 years, almost all his working life as an agent. Together with Director Cameron Way, they have grown the team to 12…
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INDUSTRY NEWS
REIQ wish list ahead of election
REIQ CEO Antonia Mercorella said the election offered voters an opportunity to cast a vote for a candidate who recognises the importance that the real estate sector plays in the state’s economy. “Real estate employs around 50,000 Queenslanders and this makes it of huge significance to the future fortunes of Queensland,” Ms Mercorella said. “Improving the health of the sector…
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SELLING + MARKETING PROPERTY
3 Key Home Loan Stats You Can Use to Convert Buyers
There are two types of buyers out there – serious buyers and tyre-kickers. I’m going to show you a little trick you can use to turn some of those wannabes into genuine prospects. Unfortunately, my trick won’t work for compulsive teases – the ones who are tyre-kickers by choice – but it will help you with buyers who are forced…
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Elite Agent
Future Tech Horizons – Challenge or Opportunity?
First a prediction: New technologies will add another dimension to property transactions, but the central role of the agent won’t be replaced, says venture capitalist Peter Esho of what he thinks the next decade of real estate will bring. Mr Esho is CEO of Sydney-based private investment firm Esho Ventures, which invests into businesses that may be the next generation…
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Thought Leaders Podcast
Episode 8: Free Fridges, AirBnB for first homebuyers, Beating the Interceptors, Marketing Tips and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the new official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results.…
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