A New Model For Seniors and 1M Plus Home Owners Approach The Bank

Here are the highlights for this week’s show: Hold back on the ‘pause’ Read this BEFORE you bid Early indicators are encouraging The West could lead us out A better alternative for elderly homeowners #RealEstateTalkPlus #HomeOwnners #RealEstateMarket #Seniors #AuctionReady #Buyers #Sellers   Continue reading A New Model For Seniors and 1M Plus Home Owners Approach The Bank

Results Show More Buyer Confidence

Clearance rate ticks up Withdrawals halve Sellers still prefer a pre-auction sale Last week The capital city final auction clearance rate came in at 59.9% last week, the highest final result we’ve seen since Mid-March. The improved clearance rate was across a lower volume of auctions with 480 held, down on the 612 held over the week prior when 47.5% cleared. Of the 395 results … Continue reading Results Show More Buyer Confidence

Architectural Cliffside Oasis in Pristine Position

In this show, Tim Andrews of LJ Hooker talks about this cliff side oasis in Terrigal. This property is one of the most picturesque on the Central Coast. With nearly 360 degree jaw-dropping views of a stretch of ocean extending from Spoon Bay to Cape Three Points, luxury touches and prestigious spacious proportions spreading over three separate levels. This architecturally designed home was built with utmost privacy … Continue reading Architectural Cliffside Oasis in Pristine Position

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

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’

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