To buy a new house or sell your existing house first is the classic real-estate conundrum, but there are some key drivers you should be aware of that could help you work out what’s right for you. It comes down to what the market is up to & your financial position. The best place to
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As the price of goods and services increases, the overarching theme of the 2022/23 Federal Budget will be about combating the rising ‘cost of living’ pressures. For property markets this means addressing housing and rental affordability. The Reserve Bank of Australia (RBA) will combat strong inflation growth, later in the year, by following the lead
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By all accounts, Australia’s housing market has a tough act to follow in 2022. Dwelling values soared 22.2 per cent nationally this year – the largest annual increase since 1989, fuelled by ultra-low interest rates, high household savings, government stimulus and relatively low listings. The estimated value of Australia’s residential real estate lifting from $7.2
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Written by Andrew D’Aprano, part of the Nicole Gervasi Team March 2020 began the heightened use of the C word, Covid-19. The world’s economy was shut down almost overnight and the pandemic had confronted the hospitality industry with a huge challenge. Those that know me, the title of this article is obvious; for those
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What are buyer and seller real estate markets? Anyone who has studied the property market, knows at different times, the scales tip in favour of buyers or sellers, but what does this actually mean, how does it impact you as a buyer or seller and what happens if the market is neutral and no one
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For many people, owning a home brings a sense of pride and freedom that cannot be matched by renting. When you own your own home, you aren’t bound by a landlord’s rules, and your monthly payments are building equity. Although buying a home may be the first step you take toward building long-term wealth,
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Thinking of remodeling your kitchen? You are not alone. Kitchen remodels are the most popular home renovation in readiness for sale, accounting for 78% of projects last year. It makes sense when you consider the fact that your kitchen is likely one of the most-used rooms in your home. It’s the site of cooking, eating,
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Last year saw significant disruption and change in every aspect of our lives. The way we socialise, exercise and entertain ourselves all shifted. Property markets were not immune from the effect of last year’s events. Isolation, work from home and home schooling changed the way we use our homes and also made us think about where
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We are incredibly disappointed with the government’s announcements yesterday that do not allow for inspections or new listings until the third step, earliest date being 26 October 2020. After multiple and ongoing attempts from the Real Estate Institute of Victoria (REIV) to try work with the government in defining a reasonable path for the sector,
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