Real Estate News
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Kolmeo’s new workflow checklists to help save time and money
Property management software provider Kolmeo has launched its latest innovative feature - workflow checklists.
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US commission lawsuit takes aim at 35 agencies and industry groups
A major commission lawsuit has been filed in California that names more than 35 defendants, including the National Association of Realtors (NAR), alleging they violated federal and state antitrust laws by conspiring to inflate broker commissions.
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How do you market what is possibly the nation’s worst house?
They say you should buy the worst house in the best street and, in a brutally honest marketing campaign, Belle Property Townsville Principal Sean Breitkreutz said he’s got a home that meets that description perfectly. In an extremely blunt listing description for 7 Corveth St, Thuringowa Central, Mr Breitkreutz said the property was “surrounded by stunning homes that are beautifully…
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Over two-thirds of mortgage holders struggle to make repayments
Life isn’t getting any easier for mortgage holders, with over two-thirds struggling to make their repayments according to a new survey.
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Rising construction costs signal a return to trend
Construction cost increases have started to reaccelerate, but experts believe this is just a return to trend and not another new surge in prices according to CoreLogic.
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Developers struggle to sell off the Paris Olympic Village
Developers building the Paris Olympic Village are struggling to sell the apartments once the Games are finished, due to France's property market downturn.
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Zillow’s new feature helps renters build credit history
US real estate platform Zillow will introduce credit-building payment reporting so tenants who pay their rent on time can build a credit history and access broader financial opportunities.
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Queensland rental crisis: vacancies dip, social housing queue soars
Queensland’s vacancy rate has continued to fall, while the state’s social housing waiting list has climbed to 43,000.
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Academics say first-home buyers shouldn’t buy now
First-home buyers should be cautious about purchasing in the current market, according to academics.
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Industry leaders unite at theOne Conference: pioneering success strategies for real estate in 2024
Win January and you win then you win the rest of the year was the main message from Avi Khan at theOne Conference on the Gold Coast.
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Mathew Tiller: Property market more balanced in 2024
Increasing stock levels will create a more balanced property market in 2024, but prices will still climb, according to LJ Hooker Head of Research Mathew Tiller.
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Exceeding expectations: Toowoomba team joins First National
Even after 31 years in real estate, Andrew Lynch still believes in the one-percenters.
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NSW vacancy rates ease but crisis far from over
Renters across NSW have seen a slight reprieve in December with vacancy rates rising but the rental crisis is far from over according to the industry.
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Premier Chris Minns: NSW won’t meet housing targets
New South Wales Premier Chris Minns has waved the white flag and admitted the state has “no chance” of meeting its first 12-month housing target as part of the National Housing Accord.
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LJ Hooker appoints Campbell Dunoon as Head of Network in New Zealand
The LJ Hooker Group has appointed respected industry leader Campbell Dunoon as Head of Network - New Zealand for its LJ Hooker and Harveys network of offices.
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Perth price growth set to continue in 2024
Perth house prices could grow as much as 10 per cent this year, with rising interest rates failing to dampen buyers’ desire for homes in the Western Australian capital.
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New Zealand property prices rise for the third straight month
The rebound in home prices across New Zealand has continued, with prices rising 1 per cent in December according to CoreLogic NZ.
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Is Adam Neumann’s apartment venture already struggling for money?
Adam Neumann's new apartment venture, Flow, looks to have encountered financial difficulties with its earliest acquisitions.
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Property portal Homely celebrates its 10th birthday
A decade after a poor home buying experience left Jason Spencer lamenting the fact he couldn’t read street and suburb reviews during the process, the solution he and his brother Adam created will celebrate a major milestone.
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First-home buyers surge, defying rising costs and rates
First-home buyers are fighting back against rising interest rates, the increased cost of borrowing and the increasing cost of living, leaving the charge for new home loans.
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The best properties on the market right now with great tennis courts
With the Australian Open getting underway, tennis fever is back and more people than ever are wanting to go for a hit.
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Tenants who took on their landlords and won
It’s been a tough year for renters with a lock of supply and rising rents and it’s meant that tenants have started to push back against landlords excessive demands.
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Celly Jeal to lead First National Tin Can Bay
Experienced property manager Celly Jeal has joined First National Real Estate and will lead the new Tin Can Bay office in Queensland.
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Auction Snitch app to boost price transparency in property market
Two Sydney entrepreneurs, with a background in real estate and tech projects, have launched a new app that aims to increase price transparency in the Australian property market.
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Top talent steps into Harcourts CEO roles in two states
Building an auction culture in Victoria and zeroing in on growth and productivity will form the focus for two new Harcourts CEOs.
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Matthew Pillios joins Kay & Burton
As part of its strategic expansion and commitment to excellence, Kay & Burton has appointed top-ranking agent Matthew Pillios as a director. Mr Pillios’ track record has cemented his extraordinary reputation within Brighton and surrounds. He joins Kay & Burton following a highly successful career, during which he earned various accolades after selling more than 200 properties, with a total…
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Temporary buyer window opens in slowing Sydney luxury market
Price growth in Sydney’s luxury property market is starting to slow down opening up a ‘temporary window’ to buy according to an expert.
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REIQ calls for stamp duty concessions to keep up with rising property prices
The Real Estate Institute of Queensland (REIQ) has called for the stamp duty concession threshold for first home buyers to be increased to be more in line with current day property prices.
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NAR president Tracy Kasper resigns in shock move
The turmoil at the top at the National Association of Realtors (NAR) has continued with president Tracy Kasper resigning just two months after Chief Executive Officer Bob Goldberg brought forward his retirement.
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Vacancy rates ease in December
After a tough year for renters, there are some early signs that relief might be on the way with vacancy rates rising in December.
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Relief for renters as house rents remain steady
After a tough few years for renters, there is now a glimmer of hope with house rents across the combined capitals holding steady for the first time in almost three years.
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Housing approvals remain at low levels
Despite surging demand and already low stock levels, new house building approvals numbers have fallen, with the Government’s plan to build 1.2 million homes looking further out of reach according to the industry.
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Over 100 Gold Coast properties to be auctioned at The Event
Over 100 properties are set to go under the hammer at the iconic Gold Coast auction day The Event.
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Raine & Horne acquires New Zealand’s Mike Pero Real Estate network
Australian real estate brand Raine & Horne is expanding its reach after acquiring the nationwide Mike Pero Real Estate network in New Zealand and agreeing on a strategic partnership with Mike Pero Mortgages.
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Ray White’s Seasonal Initiative Strengthens Community Ties
Ray White’s annual Christmas-themed charity event, “A Little Ray of Giving,” saw significant participation this year, with 353 offices across Australia and New Zealand joining in. The Ray White Barossa Valley | Two Wells team The initiative, highlighted by the introduction of a Christmas Elf named ‘Little Ray’, focused on community engagement and support, and through various activities, including the…
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