One network CEO is predicting that Google and Facebook will take an even bigger interest in real estate marketing in 2019 and move more deliberately into the traditional property portal space, dominated currently by realestate.com.au and Domain. CEO at Professionals Real Estate David Crombie said that both Google and Facebook have the wherewithal to do it. “Both…
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With the royal commission mostly behind us, the banks will respond by making finance more readily available to first home buyers and investors, and a steadier flow of funding will help get some real estate markets moving again after a couple of challenging years, says Angus Raine, executive chairman, Raine & Horne. “The grey cloud…
Adelaide remained steady last week while all other capital cities recorded value falls, latest data shows. Combined, the daily home value index fell by 0.1 of a percentage point in the week ending 9 December. Sydney, Melbourne, Perth and Brisbane repeated their declines from the week prior, falling by 0.5 of a percentage point, 0.3 of a…
One Sydney council area will be the first in Australia to make its CBD smoke-free… with an initial emphasis on education, says its pharmacist mayor At the October meeting of the Strathfield Council, it was decided that smoking will be banned in the Strathfield CBD, and that signage be erected advising locals not to smoke…
UEST OBSERVATION If property prices are rising, it is commonly assumed we must be facing a shortage of supply relative to demand. So if we’re ever going to reduce housing affordability problems, we’re simply going to have to build our way out of it. After all, as anyone who’s sat in an introductory economics class…
The Financial Services Royal Commission has not only shown that banks and their representatives have behaved appallingly, but that we need better-educated consumers. It is naive not to expect new schemes will pop up to replace the now (or soon to be) banned practices. There is a clear pattern of repeating unconscionable behaviour in the…
A surge of activity is expected in Sydney’s Inner West region, with more Inner West properties expected to be listed between now and November, according to Paul Pettenon, principal of Raine & Horne Concord, with higher-end properties priced around the $1.5 million mark. “At the same time, owners are prepared to listen to the market…
Vacancy rates in the core metropolitan Sydney area saw a rise of 0.2 of a percentage point up to 3 per cent, the August 2018 edition of the REINSW Vacancy Rate Survey detailed. Leanne Pilkington, president of the REINSW, also said that the survey showed vacancy rates in the middle Sydney and the outer Sydney…
KEY POINTS Report uncovers the country’s top 50 real estate sales offices Strathfield real estate sales office Strathfield Partners makes the list Tuesday, 6 February, 2018: Strathfield Partners has been named one of Australia’s leading real estate sales offices in a national list of top performing real estate brands. Strathfield Partners has secured a…
The 2018 Generational Property Ladder Survey, commissioned by homeloans.com.au, has found that from delaying retirement and sacrificing luxuries such as a new car or a holiday to dipping into their savings, parents are making both personal and financial sacrifices on behalf of their generations to come. The survey revealed that almost two in three parents (65 per cent…