Real estate prices could be at a turning point according to forecasts from leading industry researcher, Core Logic. With data showing that average values were down just 0.6% in April, negative market sentiment could be coming to an end. CoreLogic economist Kelvin Davidson issued an important reminder about prices, saying property values were still $200,000…
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The recent sharp fall in property prices which was triggered by interest rate rises has now flattened, according to the latest industry research. CoreLogic’s March housing market update shows national prices dropped an almost imperceptible 0.14% in February, the smallest monthly fall since the Reserve Bank began hiking interest rates last May. CoreLogic also reported…
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As the cost of construction materials begins to level off after the post-Covid supply chain issues, an increasing number of renovation projects are under way. We bring you the Top 5 renovation trends for 2023. Let there be light Architects and designers insist natural light be prioritised. Full-height windows, wraparound glass doors and skylights are…
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It’s amazing what buyers look for when inspecting a home for the first time. Most scrutiny falls on the kitchen and bathrooms: drawers are opened and closed, taps turned on and off, and the extractor fans teased at various speeds. If you’re selling your home, your agent should alert you to buyers’ inspection behaviours so…
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Recent global events have significantly impacted various sectors of the real estate market, potentially creating new opportunities in housing. Here’s an overview of the current situation and its implications: Market Shifts Commercial Real Estate: Many urban areas have seen a decrease in demand for commercial spaces, particularly office buildings and retail locations. This shift has…
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The tiny house movement has become a growing trend in the past decade as people seek out more affordable, sustainable, and minimalist living options. While it’s difficult to determine the total number of tiny homes in America, as there is no central registry or tracking database, there are estimates of up to 10,000 located across…
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With auction clearance rates holding steady in a busy auction market, a growing number of buyers are starting to hone their bidding skills to win their dream property. There’s much more to successfully bidding for a property than turning up and raising your hand. So, below, we have listed seven tips for buying at auction. …
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The time has come to sell, but you are wondering how much you are realistically likely to get for your property. So where do you go next? Reaching out to a reliable and experienced local real estate agent will give you an opportunity to receive a current market appraisal. This is how the process works:…
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When an elderly family member needs to move in with you and your family, creating more space in your home may become necessary. An extension could be an option, but before making a decision, it’s important to consider a few factors: Evaluate your space Start by assessing your current living space to determine if there…
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As extreme weather events continue to grow in frequency and intensity, it’s essential for real estate investors to consider the impact of climate change to mitigate risk and protect long-term portfolio value. Location, insurance and sustainable home features are among the items to consider. Research location Before investing in a property, research the location and…
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