The median price of an existing American home has hit a record high, increasing 2% year-over-year in June to $435,300. The value of an existing home has increased almost $141,000 in the past five years, according to the latest “Existing-Home Sales Report”, issued by the National Association of Realtors (NAR). Just 12 months ago, the…
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Every market moves in cycles and the current environment requires a little more work to strike a deal if you’re the seller. As we move into a temporary period favoring the buyer, it’s more important than ever to find an agent who can generate multiple offers and even spark a bidding war. Creating tension between…
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As Americans enjoy their summer vacations, it has become increasingly hard to get a solid fix on real estate. Prospective buyers and sellers await interest rate cuts, any inflationary impact of tariffs and wonder what the inevitable flow-through to the housing market will be. As one Zillow economist observed, Americans are playing a “wait-and-see” game…
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Summer is a great time to enjoy the outdoors, and it’s also an opportune moment to assess how you feel about the interior of your home – is it really “doing it” for you? Is it time to step it up a notch? Interior design fashions come and go, and so it’s easy to think…
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Conventional thinking suggests we all love a neat and tidy garden – flowerbeds are organised and weed-free, hedges clipped, roses in bloom and trees shaped to perfection. When selling your home, this is the perfect philosophy to attract the greatest number of potential buyers. Of course, it’s not the only approach to gardening. An increasing…
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“Should I sell my property before buying my next dream home?” It’s one of the most common questions a real estate agent is asked by owners. There’s no right or wrong answer, of course. The process of whether to buy or sell first is often dictated by circumstances, your financial position, risk threshold and local…
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While much of Australia continues to wake up to brisk mornings and endure chilly evenings, the reality is that spring is just around the corner – and that means the peak selling season for real estate. The market mood is now swinging in a highly positive direction thanks to two interest rate cuts since February…
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With the spring sales season around the corner, it’s a fabulous time for apartment owners to consider their next real estate move. Whether you’re planning to stick with your apartment lifestyle or move into a house, the most immediate consideration is to maximise the value of your existing property. As you’ll no doubt know from…
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Deciding to renovate any part of your home before selling is a serious investment decision. While you may feel your home needs a fresh kitchen or bathroom, how would you know if a new installation had paid dividends once the sale was signed and sealed? Is it really worth spending $20,000 on European appliances to…
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Momentum is picking up in the major Australian real estate markets judging by the latest trendlines in auction clearance rates. The improvement is particularly noticeable in Melbourne and Sydney, while most other capital cities continue their strong performances. The only exception is the new multi-million-dollar market of Brisbane, where the trend has dipped slightly. Industry…
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