Landscaping is not at the top of everyone’s list when it comes to remodeling their home for profit ahead of a sale. Yet, a beautiful garden has a huge impact, especially if you target young families or own a smaller property that will attract owners who like to spend leisure time in a peaceful backyard.…
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When anyone asks how to prepare a home for sale, I feel as if I’m answering the clichéd question, “How long is a piece of string?” There’s no definitive answer because it depends on your budget, time available and how hard you’re prepared to work. Ambitious owners will style their home based on current fashions.…
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Real estate investment can become more attractive under certain economic conditions, such as when rental rates increase, interest rates are favorable, or other investment markets show volatility. These factors can potentially create opportunities in the property market. Rental demand may sometimes increase due to various economic and social factors. For instance, some individuals might choose…
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Across America the desire among first time buyers to own a first home seems to increase by the day. The investment value of residential property continues to power ahead in our neighborhood and many other regions, creating double-digital growth rates across the US. New buyers wanting a piece of the action is no surprise. They…
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One of the great surprises of the pandemic has been the resilience of commercial office rentals with new data from the Property Council of Australia showing demand is increasing. While the national office vacancy rate rose from 11.9% to 12.1% during the six months to January, it was due to an increase in supply rather…
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The latest data is busting the myths that COVID-19 had destroyed the commercial property market according to the Chief Economist at Ray White, Nerida Conisbee. Nerida says fears that commercial vacancy rates would skyrocket and lease incomes nosedive had been well and truly busted with even retail and commercial office space performing better than expected,…
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Business confidence has returned to the positive levels that it was at before COVID-19 struck, according to Roy Morgan. The Roy Morgan business confidence index was 101.5 in January 2022 which compares to 101.6 in January 2020, just before the pandemic started. The performance of the index charts the highs and lows of the pandemic,…
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Consumer spending has begun to rise as pandemic restrictions ease and Australians emerge from lockdowns. The latest data from the Australian Bureau of Statistics show both sales and profits are improving as consumers become more comfortable in crowds and start to get out and about again. Business turnover increased month-on-month in 12 of the 13…
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First Home Buyers can now use more of their superannuation to buy a home with new changes to the First Home Super Save Scheme introduced by the Federal Government. First-time buyers will now be able to increase their savings in the First Home Super Saver Scheme from $30,000 to $50,000, making it easier to save…
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Building and renovation costs continue to rise, making it more important than ever to budget accurately. Construction costs in Australia rose 7.3% in 2021, according to the latest Cordell Construction Cost Index. It’s the steepest rise since 2005 and a lot of the blame is being placed on the Covid pandemic. The index – owned…
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