House hunters who are pre-approved plan for a happier New Year Future first homebuyers considering making their property move in the New Year have strong awareness of the importance of seeking loan pre-approval before house hunting, based on insights from national mortgage broker, Mortgage Choice. A Mortgage Choice survey of first homebuyers looking to purchase [...]
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Posted in News on Nov 9th, 2010
MUM-AND-DAD investors are buying bargain-priced houses in the United States for the cost of a new car. They are cashing in on a combination of a rising Australian dollar and a depressed US property market which has seen recently built five-bedroom houses in cities such as Atlanta, Georgia, selling for as little as $35,000 – [...]
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Posted in Market Updates, News, Research on Oct 25th, 2010
The auction market is still performing strongly but vendors of higher-end properties are opting for private sales instead of risking their home at auction, experts warn. Real Estate Institute of Australia president David Airey warns that although the Melbourne market recorded a 68% clearance rate, the top-end is still struggling with discounts a common occurrence. [...]
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Posted in Market Updates, News, Research on Oct 22nd, 2010
Spring has hit Melbourne’s property market with a vengeance, with more than 1100 auctions listed this weekend in what has been dubbed ”super Saturday”. The frenzy of listings was the result of a limited number of weekend selling days free from other public events like the grand final and the spring racing carnival. ”Houses sold [...]
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