New business insolvency data is a sharp reminder for owners and buyers that the building industry is still operating on shaky ground across Australia. Those who want to renovate before selling, or buy land and then build, need to carefully consider their risks before pushing ahead. Insolvency data from the Australian Securities and Investments Commission…
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Industry data and commentary may suggest the post-Covid rebound in our national real estate market is losing steam, but home-loan data suggests otherwise. In the latest figures released by the Australian Bureau of Statistics, the total value of new housing loans rose 3.9% month-on-month in July to $30.6 billion. Investors are leading the charge. Their…
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As the old saying goes, life’s only inevitabilities are death and taxes. In the world of real estate, we’re facing not death but a so-called “silver tsunami” of aging owners who want to downsize or move into a retirement village. The need for our seniors to leave their family home is often hampered by transaction…
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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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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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It takes planning and discipline to prepare your home for sale and achieve your dream deal. Depending on the condition of your home, only a few cosmetic improvements may be needed so you can focus on delivering buyers a five-star presentation. If your home requires a little more TLC, it’s usually best to undertake those…
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Whether you’re selling your home, or feeling it needs some tender loving care, it’s likely your attention will focus on the kitchen because of its role as the household’s social centre. Over the years, a kitchen will become dated. Drawers might lose their ability to soft close, doors might get chipped and the plastic edging…
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What’s the true secret to a successful home sale? Is it location, size, design, price or presentation? Of course, it’s a combination of all of these facets of a property. The most powerful factor will depend on the individual buyer. However, there’s one element homeowners often underestimate despite the advice of their agent: the importance…
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Flooring is such an important element of your home, but it’s often overlooked when you’re preparing to put your home on the market. Focus inevitably falls on the living area, and the bathroom and kitchen. Owners will spend thousands of dollars improving these areas but neglect what is right under their feet. Yet, when buyers…
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