In a recent survey of housing markets in Australia, NZ, Ireland, the UK and the USA, it was concluded that “the most pervasive national crisis is in Australia, while the crisis is nearly as serious in Ireland, New Zealand and the UK.” You can find the full report here. The survey compared the medium house …
With people complaining about the shrinking size of house lots here in Brisbane, perhaps they should take a look at this photo gallery of life in Hong Kong. Photographer Michael Wolf has released a book called “Hong Kong: front door / back door“, where “the abstract patterns of the buildings reveal the beauty and order …
Down in Victoria the Estate Agents Council is talking about the possibility of allowing lawyers, accountants, and other professionals to become pseudo-estate agents. The Victorian Government wants to boost competition within the real estate industry, but the Real Estate Institute of Victoria doesn’t like the idea: “Given that there are approximately 15,000 estate agents in …
It looks like The Great Slow-down in the real estate market is helping first-home buyers get into the game, as 30 per cent more of them entered the market in November ’05 compared to November 2004. Owner-occupiers are also buying up big, as investors continue to sell off their homes due to low rent. “Improving …
Simone, the former wife of Aussie sporting hero Shane Warne, has signed on as the new face of homesite.com.au: Simone has renovated three houses so she can give plenty of hands-on advice to the users of homesite.com.au. We are looking forward to working with her as she contributes to the editorial content of the site, …
According to Inman News, we need more old school real estate agents: “I remember when real estate was colorful and even a little nutty. That era symbolically ended in 1996 when Century 21 CEO Robert Pitman abolished the gold coats that every C21 agent wore for more than 30 years.” That might have been the …
According to a report released by the Housing Industry Association, it’s getting easier to buy a home with house prices falling 3.4% in capital cities. Yesterday I mentioned that domain.com.au was saying that prices should start rising again … now the HIA is saying that things should remain pretty steady. I guess it all depends …
According to an article at domain.com.au, a combination of stable interest rates, population growth, higher rents and an increase in the purchase of investment properties should lead to a gradual increase in property prices over 2006. Yet more speculation … let’s just wait and see if they’re right with this one.
According to the REIQ, residents in the inner west suburbs of Red Hill, Ashgrove and Bardon spent almost $5 million on improving their homes during the September quarter. “Many homes in suburbs like Ashgrove and Bardon have not experienced renovation work for many years – as property values have doubles in these areas more home …
I enjoyed a short break over Christmas this year … in fact, this was the first time we’ve officially closed down our business for a couple of weeks, and I think it surprised a few agents. But now we’re back, and the real estate industry is really buzzing along. Most of the agents I’ve spoken …