Things are starting to buzz again, and after months of drought, real estate agents in Brisbane have finally got a smile on their face. Over the past few weeks my real estate photography business has slowly started to grow, and this week in particular is quite heavily booked. All of the agents I’ve spoken to …
Property prices are dropping in towns and suburbs across the country, but high interest rates have meant that housing affordability remains poor even though it has improved just a tad. Although housing affordability is worse now than it was at the same time last year, it did improve in the June quarter by 0.4 per …
You’ve probably already checked out Google’s Street View utility at Google Maps. You know what your place looks like, and if you’re like my parents you’ll know what day of the week the Google Man drove by – for my folks it was early on a Tuesday morning because the rubbish bins are out on …
Property portal realestateVIEW.com.au has been given a revamp with a new look and new services: “The internet site, which records more than 16,000 unique visitors a day and has more than 40,000 properties for sale or rent nationally, is well placed to become the nation’s dominant property portal.” –New look, more services at realestateVIEW.com.au I …
Real estate photos are so important these days that some agents are deliberately making homes look better than they are. Think of glamour photography, but apply it to a house that’s up for sale. Usually it’s just a matter of adding a bit of makeup and photographing a home from its good side, but sometimes …
We’re being told that sea levels are on the rise, but that hasn’t slowed down the Aussie love affair with seaside homes. I’ve mentioned before that I thought low-lying coastal homes could drop in value in a big way if sea levels start rising, but people are still willing to spend a lot of money …
The Real Estate Institute of Victoria has been accused of illegally underquoting one of its own properties, and Ray White Real Estate is thinking about leaving the REIV as a result. Last month the REIV sold one of its own properties in upmarket Camberwell, and it was marketed by GormanKelly as being “in excess of …
The economy has slowed right down, so there is a strong expectation that the Reserve Bank might look at cutting the official interest rate, potentially saving a fair number of people from being forced to sell their home. According to Terry McCrann, a rates cut is a dead-set certainty: “A rate cut at the September …
Everyone’s talking about the drop in property values, and some are wondering if we might be heading for a meltdown like they’ve experienced in the USA. The circumstances over in America are very different to those here in Australia, as The Age’s Kenneth Davidson points out in “House prices are a bubble waiting to burst”: …
Property prices are starting to drop ever so slightly across Australia, so the question worth asking is: how will a real estate price slump affect you? This video from Fairfax Media includes a brief interview with Victorian Executive Director for HIA, Robert Harding. He provides his view on a number of issues, including: How will …