Author: rolanrush
The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?
By Eliza Owen, Head of Research Australia at CoreLogic The week ending 10th of May delivered a final auction clearance rate of 59.9%. This has jumped from a clearance rate of 47.5% in the previous week and a recent low of just 30.2% only four weeks ago. It is the highest clearance rate result since the week ending March 15, before the strictest social distancing … Continue reading The auction clearance rate jumped with the return of on site auctions but does this mean a recovery has started?
Five Strategies to Help Distressed Homeowners Avoid Foreclosure Due to COVID-19
COVID-19 has placed millions of homeowners at risk of losing their homes. Today’s show outlines specific steps Realtors can take to help their clients survive a mortgage crunch and avoid foreclosure. Here’s what Bernice and Greg will be covering on today’s show: Taking action immediately is critical to make sure the homeowner has the maximum number of options to cope. How to get the word … Continue reading Five Strategies to Help Distressed Homeowners Avoid Foreclosure Due to COVID-19
Asking Prices Hold As Listings Disappear
Sellers struggled to sell their properties over April and new sellers deferred listing. The housing market has clearly been weakened by the coronavirus and the restrictions placed on the economy to limit the outbreak. Louis Christopher does not pull any punches in talking about the current and future market conditions. Continue reading Asking Prices Hold As Listings Disappear
Responsibility
“Hardship doesn’t develop character – it exposes it” Jet Xavier Instead of worrying about what you cannot control, shift your energy to what you can create. Continue reading Responsibility
The Ins and Outs of “Rent to Own”
This week we’re happy to welcome Zachary Beach, the COO of SmartRealEstateCoach.com. Zach joins us this week with a fascinating session on rent-to-own. While this model has been around for many years, Zach’s company has perfected how to use it to meet the critical needs of buyers who cannot qualify for a conforming loan because they’re not a W-2 employee, credit issues, or issues documenting … Continue reading The Ins and Outs of “Rent to Own”
Experts Say ‘don’t buy now’
Despite the lowest interest rates we have seen in a long time and the RBA leaving it that way this week, almost 60% of market experts say now is not a good time to buy. Indicating that prices will fall further. Where will the falls happen and by how much? Graham Cooke from Finder has the detail. Continue reading Experts Say ‘don’t buy now’
Resilience
“Hardship doesn’t develop character – it exposes it” Jet Xavier You might have to fight a battle more than once to win it Continue reading Resilience
Optimism
“Hardship doesn’t develop character – it exposes it” Jet Xavier Check your response and make sure it is optimistic – this will pass! Continue reading Optimism
Landlord Returns Suffer
COVID-19 is having varied impacts on residential property, but arguably the biggest impact could be in the rental space. Prior to COVID-19, the Australian rental market was already weak. Because as we reported last week from CoreLogic – rent values increased 0.3% nationally over the month of March. An increase sure but it was down from a recent peak growth rate of 0.5% in January … Continue reading Landlord Returns Suffer