The real estate market is a dynamic ecosystem influenced by various factors. While specific conditions can vary greatly by location and time, understanding general market trends and key influencing factors can help you make more informed decisions about property investments. Housing markets are typically cyclical, experiencing periods of growth, stability, and occasional declines. These cycles…
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Keeping track of the mortgage market can be a full-time job when you’re preparing to upgrade. New offers come onto the market all the time even though our interest rate is staying stubbornly high amid speculation the drift down will begin in the next few months. As an experienced local real estate agent, I work…
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With the presidential campaign in full swing and both candidates confirmed, new research says the affordability of real estate will influence the votes of both homeowners and renters. Property affordability and the availability of rental properties will impact on how some 53% of owners and renters will vote. The findings in the Redfin survey, which…
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Buyers are beginning to take a different approach to the property market by prioritizing price over location, according to a new survey. The rising cost of mortgages over the past two years has caused this switch in buyer focus. As an experienced real estate agent, I understand why 56% of buyers told a Coldwell Banker…
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A greater choice of properties is opening up for buyers across New Zealand as the real estate market continues to deal with the stubbornly high official cash rate (OCR) of 5.25%. Astute buyers are showing confidence in the future value of the market, making their move before rates begin to fall. As a respected agency…
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Owners waiting for prices to return to their peak of more than two years ago before selling will need to be patient, but the market is improving, and now may be a good time to act. Value projections for the New Zealand market suggest we’ll have to wait until the third quarter of 2025 before…
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The gender pay gap continues to constrain female ownership of property, according to a new report released by the leading real estate researcher, CoreLogic. Challenges to gender equity in property ownership were most significant among the Gen Z cohort, according to CoreLogic. While more than half of Gen Z males owned a dwelling (51.6%), only…
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Property values across Australia continue to climb as more buyers enter the market in anticipation of possible falls in interest rates later this year. Average prices edged 0.6% higher in February, according to the Home Value Index gathered by the leading real estate research organisation, CoreLogic. It was the most substantial monthly gain since last…
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Some of America’s favorite celebrities have been busy in the real estate market recently, with several dropping their price expectations in the super-luxe market. One star who’s reportedly bringing down their asking price to meet market expectations is Jim Carrey. According to realtor.com, the actor has dropped the price of his Los Angeles estate from…
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Since New York became the first state to ban natural gas and other fossil fuels in new buildings, a debate has been raging about the health dangers of the gas stove in the family kitchen. An increasing number of owners are now replacing gas with an induction stovetop as part of a kitchen remodel. The…
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