By Peter Sarmas on 17 Jul 2013 2 Comments
Real estate agents are often stereotyped as people who would say anything to make a sale. Let’s face it – the profession has a bad reputation. It's important to remember that like any industry, there are good agents just as there are bad ones. Good agents can be hard to come by, so check out our tips to track them down ...
By Cate Bakos on 16 Jul 2013 No Comments
On Saturday July 13th I bid on a house in Suffolk Street, West Footscray for a young couple who were also first home buyers. I wasn’t on my own in that buyer demographic – we all hovered around in the crisp cold and intermittent rain awaiting the auction bell. I think West Footscray is an area to keep a close eye on ...
By Peter Sarmas on 16 Jul 2013 No Comments
Last weekend The Block Sky High delighted fans with its much awaited open for inspection event. As predicted, thousands of people flocked to South Melbourne’s Park Street, for what was more like a festival than an open house. The 2012 season of The Block, also located in South Melbourne, brought in a crowd of 20,000 people ...
By Pete Wargent on 16 Jul 2013 No Comments
The 'inevitable Australian housing bust' has turned out to be a real fizzer. We haven't been short of property crash predictions in Australia, but so far the forecasts have come to nought, with market sentiment once again reversing northwards from mid-2012 as interest rates were dropped ...
By Catherine Cashmore on 15 Jul 2013 No Comments
A 76 per cent clearance rate was recorded this weekend, albeit on low numbers (354 auctions). With only 6 results unreported, we can expect this figure to remain the same when the midweek update is released. However, there seems to be some uncertainty to the figures. The REIV’s clearance rate on a total of 402 auctions was 75 per cent ...
By Peter Sarmas on 13 Jul 2013 No Comments
Australia's unemployment rate has climbed to its highest level since September 2009, and there have been rumblings that another interest rate cut could be on the horizon in August. Regardless of the RBA's decision, it has been revealed that borrowers are feeling less anxious about the economy ...
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