Viewing by month: June 2009
So, why invest in property?
As someone who has spent much of their life in real estate, and as part of the CENTURY 21 network, it is difficult for me to argue against investing in property. The great Australian dream is to own your own home, and it’s been ingrained in the mass psyche of our country that owning property is something to strive for and be proud of. I don’t...Read complete post
Australia gets confident about property
There has been a lot of good news in the media lately regarding the return of consumer confidence when it comes to the real estate market. CENTURY 21 shares that confidence, and it’s great to see that after months of uncertainty and a slowing economy, the latest signs are pointing towards the country’s economic recovery. This is great news for the real...Read complete post
Are small houses the next big thing?
There are a couple of complaints that are regularly heard in real estate, particularly in regards to inner city housing – affordability, and size. Architects are rolling the two concepts together, and making smaller properties a positive in response to complaints about the cost of housing by recommending people turn to...Read complete post
The student becomes the teacher
In the current economic climate we are seeing reports on the number of advertised jobs beginning to decline, and as a result, the number of graduating high school students turning to further study rather than heading straight into the workplace is increasing. You may wonder what this has to do with the property market. Well, many students need somewhere to...Read complete post
Why the property market will hold up
Lately I have speculated regularly about the state of the economy and the impact of this on the real estate market, but that’s not really surprising when it seems to be many people’s favourite topic of conversation. More to the point is the fact that when there is uncertainty, people seek out information to reassure themselves, or at least to...Read complete post
Dealing with neighbours from hell
I saw an image recently which I have pasted below for illustrative purposes (and apologies if it offends anyone!) which got me thinking about neighbours. Most times, it’s an inevitable that you’ll end up with a neighbour when buying real estate and obviously who you end up living next to can pose problems. On the flip side, it can create fabulous friendships. But...Read complete post
Scope for lower interest rates on the horizon
After speaking yesterday about the interest rate remaining stable this week, it was interesting to read information just released by the Reserve Bank in which the Governor, Glenn Stevens, says he sees scope to ease monetary policy further, but believes the domestic economy is well placed for expansion towards the end of this year. Just what I...Read complete post
Interest rate remains stable again
Again the Reserve Bank of Australia has denied the population another rate reduction, leaving the cash rate at 3 per cent. Most market analysts were expecting this outcome, however many people actually active in the market were hoping for another cut. As the real estate market continues to stabilise slowly, incentives such as decreasing rates are still helping to stimulate...Read complete post