Monthly Archives: August 2011

First Home Buyers will stage a comeback shortly

While over the past 12 months there has been little activity in the property and home loan markets from First Home Buyers, this is likely to change in the near future. Speaking to The Adviser, Century 21 chairman Charles Tarbey said first home buyers and first time upgraders will dominate the market during the traditionally hot spring selling season. Significant ...

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Australian Property market – uncertain future…

A downturn in Australia’s property market will only contribute to concerns of a two-speed economy in the resource-rich nation. Mining profits are bursting at the seams due to heavy demand from China and other fast-growing Asian countries, while consumer businesses and manufacturing have gone into hiding from concerns about the prospect of growing rates, the high value Australian dollar, trading ...

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Home buyers can qualify for significant discounts from lenders

We are living in very strange times. It is difficult to tell what will be tomorrow. Business is down, stock market is experiencing extreme volatility and property prices have also come off the boil. Now lenders are forced to work a lot harder to find a home loan customer with many competing for business in any way possible. Banks and ...

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Australian home prices at 2006 levels

New research by RP data suggests that Australian property prices today are roughly where they were five years ago. This is an indication of  a clear improvement in home affordability. International debt problems and declining consumer confidence has contributed to property prices dropping over the past 12 months. Furthermore, up until a few weeks ago the threat of rates going ...

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Sydney judged to be 7th most expensive city in the world

A recent survey by USB has identified Sydney as number seven in the list of the world’s most expensive cities in the world . The strong Australian dollar has undoubtedly contributed to Sydney coming in ahead of many other larger cities such as London and New York. Two years previously Sydney was a lot lower on the same list – ...

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