News

  • Mid-market segment to benefit most in remainder of 2013

    Sydney’s middling properties, ranging from $500,000 to $1.5 million, could benefit most in the year 2013. Larry Schlesinger for the Property Observer says that they could rise as much as 10% in prices, outperforming the First Home Buyer segment and the Prestige Market. Sydney property market should overall exhibit a growth of close to 5%.…

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  • Property Styling – aka Is This For Real?

    Virtual styling or property styling is the new phenomenon of the real estate market, quite a shrewd piece of thinking by the sellers really, but a little unethical if you look into it. An article on the Australian Property News describes how stylists help vendors beautify their homes with “virtual furniture” for showcasing them to…

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  • Home Building Costs Might Escalate In Coming Times

    Are you planning to build a new home for yourself? Well! The time is just about ripe and you would be better off getting it built quickly enough. You may think why is this need to get it done quickly? Instead of taking a long dig at the answer, let me answer it straightaway for…

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  • Low Cash Rate To Fuel Borrowing Activity

    An article on the website realestate.com.au says that the Reserve Bank of Australia is considering cutting down the interest rate by a few more basis points to strengthen the low-growth areas. Dwindling Australian dollar, shaky import figures and sub-par performance of GDP is making the RBA think along these lines. Economists agree that the low…

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  • Low Interest Rates Promote Housing Market Recovery

    Property market moves through cycles. You may think- Hang on! We aren’t being told this for the first time. No you aren’t. I am just taking this opportunity to reiterate the degree of truth in this statement. The market moves through crests and troughs and times of trough do not change overnight into peak or…

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  • Borrowing Activity Smashes Past Records

    The Australian Finance Group (AFG) has processed mortgages worth $3.6 billion in May. An article on the AFG website reveals that the May figures are a neat 13% above the $3.2 billion recorded for April. It is worth noting that mortgage sales in April  had already smashed all past records and so further improvement in…

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