Backyard granny flats are facing a new future as state governments pull back on regulations around secondary dwellings to ease Australia’s housing shortage. With a naming history that stems from the fact they were originally built for and could only be legally used by the homeowner’s family members, granny flats have been given new government…
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Australians are no strangers to natural disasters with a KPMG analysis in September 2023 revealing 18 million were impacted by at least one natural disaster the previous year. An El Niño event on the east coast this summer, plus a positive Indian Ocean Dipole event (IOD) on the west coast, resulted in a double whammy…
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Overcoming your doubts about whether to transact in the property market this year will be half the battle to finding the next home of your dreams. There are so many issues affecting mortgage costs, that the act of buying and selling property can feel like a leap of faith. But, with the market likely to…
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One common scenario in real estate is when market conditions or personal circumstances make property owners hesitant to sell or upgrade. This can lead to reduced inventory and slower market activity. However, market conditions inevitably shift, often creating new opportunities for both buyers and sellers. When market conditions begin to change, it’s important for property…
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The biggest question for many young Americans starting out in life is whether it’s a smart play to keep renting or if now is the time to jump into the property market. Only a few years ago, this would be a simple question to answer because money was cheap with rates in the 2% to…
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It’s always fun to see what the hottest home trends will be for the year, even if they won’t suit your property. Website Zillow has highlighted six of the zaniest trends in interior and exterior home design, most of which are suitable for the luxury end of the market. However, super-luxe trends can cascade down…
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With the property market showing all the signs of a recovery later this year, first-home buyers may want to start formulating purchase plans for the coming months. Diligent planning and research around location, property styles, size and finance will accelerate the buying process and limit the risk of mistakes. Key to a successful strategy is…
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For many families, a property is their most important financial asset, and the swings and roundabouts of the real estate market often determine when it’s possible to upgrade to a bigger and better home. The past 18 months of high interest rates have brought all the factors that influence property values into sharp focus. While…
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Residential property sales will increase by more than 10% across America this year in a bullish sign for buyers and sellers alike, according to 2024 predictions from the National Association of Realtors. It forecasts 4.71 million transactions, fuelled by interest rates dropping to an average of 6.3% for a 30-year, fixed-rate mortgage. NAR believed the…
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The key question for many house hunters and sellers in 2024 is whether the property market will be any easier to navigate this year? A historic low in housing inventory coupled with some of the highest mortgage costs in 20 years made 2023 challenging for anyone who wanted to buy or sell property. While 2024…
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