The rapid advancement of technology and AI is revolutionising the real estate industry and changing how properties are being bought and sold. Here are four technological advancements that can save you money and time, and reduce stress. Virtual Tours Virtual tours allow buyers to explore properties remotely through immersive 3D walkthroughs and interactive videos. This…
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Signs of an immediate uplift in the momentum of the New Zealand property market have emerged following the Reserve Bank of New Zealand’s decision to cut the Official Cash Rate (OCR) by 0.25%. Taking the OCR to 5.25%, the mid-August move by the Reserve Bank was the first rate cut in more than four years.…
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With a shortage of housing for sale across America right now, buyers are often tempted to ignore the occasional problem in the hope they can win the property to begin the next chapter of their lives. Their hopes often rise when their agent tells them they’ve found a home that meets their criteria – and…
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Becoming a more sophisticated buyer is going to be an increasingly essential skill as you navigate the American real estate scene against the backdrop of falling mortgage costs. The recent decision by the Federal Reserve to cut its cash rate target by 0.5% will likely have a profound impact on the attitude of buyers and…
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Industry data shows buyers are watching the property market carefully, unsure how the latest cut in interest rate will affect prices against a backdrop of economic challenges. Smart buyers are already on the move, convinced values will rebound as the cost of mortgages falls. It’s generally accepted that any central bank needs to cut rates…
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Many “wannabe” buyers and sellers are attempting to read the tea leaves of the property market at the moment, trying to determine when mortgage costs will fall and how that event will impact the cost of homes. Predictions earlier this year that we could expect up to four rate cuts before the Holidays – a…
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Finding the perfect home is about more than having enough bedrooms, square footage, or falling in love with the property’s curb appeal. You also want to be sure about your neighbors, and I am not talking about the ones on the other side of the fence or across the street. These neighbors are more like…
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A shortage of homes for sale across America can lead to some buyers making rash decisions to win a property against other interested parties. This is dangerous – by all means fall in love with the home of your dreams, but you must know exactly what you are buying. Whether you’ve targeted an apartment, condo…
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A chink of light has appeared at the end of the tunnel of American property sales. For the first time in five months home sales are up, rising 1.3% in July compared with June and signaling a potential turning point. Using annualized figures, America is on track to buy and sell 3.95 million homes over…
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WIth two interest rate cuts under our belt, and more promised by the Bank of Canada, how is this affecting the spending power of those wanting to buy their first home, or upgrade to a bigger property? So far, Canada has seen rates cut for two successive months, moving the cost of cash from 5%…
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