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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
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
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
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
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”
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’
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
Stunning Beach Side Residence In Pearl Beach This magnificent beach side home, designed by renowned local architects Osmond McLeod and constructed to exacting specifications, provides an appealing mix of bold architecture and strong, clean lines. The outcome is a spectacular luxurious beach house providing versatile lodging in one of the most desirable locations in Pearl Beach. Situated just 150 meters away from the pristine sand … Continue reading Central Coast Sales and Rentals
Withdrawn listing numbers decline Under the hammer sales increases Analysis of ‘true meaning’ of auction numbers The combined capital city preliminary auction clearance rate bounced back above 60% for the first time since late March, with 64.5% of homes selling this week. The higher clearance rate was across a lower volume of auctions over the week with 473 scheduled, down on the 612 auctions over … Continue reading Sellers More Willing to ‘Test’ Market
How difficult is it now, with Coronavirus restrictions on business, to find, negotiate, make an offer, source funding and settle on a home purchase? We can answer most of those questions by talking to Sam White Chairman of Loan Market – the largest mortgage broking business in Australia and New Zealand and associated with the largest real estate franchise in those countries as well – … Continue reading The Difficulty In Buying Now
