Selling your family home is a big decision, and it’s natural to have questions about the potential tax implications. Homeowners in Australia enjoy what is called “main residence exemption”, which shields your home from capital gains tax (CGT) when you sell. However, the rules can be a bit tricky. Think of the main residence exemption…
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Are you a homeowner wondering if now is the right time to sell? You won’t be alone. With the Australian cash rate stuck at 4.35% and the Reserve Bank showing reluctance to reduce mortgage costs in the near future, many potential sellers are asking their agents this question. As an experienced real estate agency in…
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American homeowners continue to see the value of their homes rise as buyers remain poised for the beginning of interest rate reductions by the Federal Reserve. Anticipated falls in mortgage costs have yet to materialize as the Fed remains concerned about the risk of inflation due to the nation’s strong economic performance and buoyant employment…
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As a real estate agent, I often encounter clients unfamiliar with the acronym MLS, and even those who’ve heard of a Multiple Listing Service are not always certain what it does. Put simply, an MLS is the backbone of the real estate industry in North America – a powerful database of properties for sale. When…
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There’s still time to catch the property market’s summer vibes if you’re ready to put in a little extra effort to quickly prepare your home for sale. It’s a myth that there are better seasons than others to sell your home. Each has advantages, but that doesn’t stop many folks thinking they’ll find more buyers…
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In a sign we’re experiencing a calm before the storm, new data shows the Canadian property market is edging slightly down as buyers welcome a reduction in our 20-year-high interest rate. While the Bank of Canada’s 0.25% interest rate reduction will not substantially move the market, the BoC’s declared intention to reduce mortgage costs has…
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As the winter chill lingers, the real estate market is still bustling with activity. Auction clearance rates continue to register above the 70% mark, indicating buyer sentiment remains strong. This makes it a perfect time for sellers to enter the market. Those of you who think they’ll get a better price during the spring selling…
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It’s incredible the difference that furniture can make to the value of a home in the eyes of prospective buyers. As an experienced real estate agent in your neighborhood, I’ve seen how the right furnishings can transform even a modest house, apartment or condo into a desirable residence that appeals to buyers and increases its…
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As your local real estate agent, our group is constantly aware of developments that may have an effect on the housing market. A significant upheaval might be approaching. Imagine a time when it will be lawful for Australian employees to insist on working remotely. The Fair Work Commission is reviewing this possibility. If these reforms…
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It’s no secret America is experiencing a real estate market in which the seller has the upper hand. Historically low rates of homes coming onto the market have created this situation, even though our mortgage costs remain high as the Federal Reserve continues to keep the cash rate high to fight inflationary pressures. Yet even…
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