An article on the website The Adviser addresses the concern about borrowers being euphoric about the fixed rate cuts and warns about a mortgage debacle when the rates correct themselves.
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Construction Boom in the Offing
In an article for the website Property Update, Pete Wargent throws light on the construction boom in the offing. The vision he creates is that of a “crane parked in each street corner” and it is like saying something for a country which found its developers and builders in a state of slumber for close to a decade.
Inner City Apartments Set to Experience Capital Growth
The website Smart Property Investment discusses why the inner city apartments might see a phenomenal upsurge from this point onward, letting their investors cheer all the way to the banks. No mean thing one guesses!
Pros and Cons of Buying Off the Plan
Your property portfolio may be a mix of two separate draws of real estate purchase. You can-quite at the same time- be a person who focuses on each auction/private treaty and also remains geared up for those brilliant off-the-plan purchases. So are the off the plan purchases any good?
Residential Property listings Down to Stable Levels
The number of residential properties on the market has stabilised; coming down by -5.3% during the month of June. The number of listed residential properties stands at 347.074. In a year-to-year comparison, -5.3% is 2% higher than the -3.3% recorded same time last year.
Sydney Auction Clearance Rates Dip to A Year Low
In an article for the website Property Update, Andrew Wilson focuses on the declining auction clearance rates in Sydney. 72.7% clearance recorded this week is as bad as it has been in more than a year. Last year same time, the figure was 77.5%.
This is third week in trot that the clearance rate has come down. Perhaps a silver lining is the fact that a few regions have withstood the decline and posted robust clearance figures. Put another way, overall clearance for Sydney is falling but not all regions are doing badly. Case in point is 84.8% recorded by the city and east
You can read the original article here.
