‘Off market’ deals usually a ruse
A prominent property valuer and the head of a real estate investment company has smashed so-called “off market” sales, pointing out they are seldom what agents claim.
A prominent property valuer and the head of a real estate investment company has smashed so-called “off market” sales, pointing out they are seldom what agents claim.
Real estate prices have shot through the roof in some capitals over the past year, but it was a different story in other prominent regions where property values are sinking.
The success rate of Sydney auctions increased this week despite a bump in the number of sales, with one property attracting overs well above $7 million.
New research has revealed an alarming number of Aussies maxed out their borrowing capacity late last year expecting an event that never transpired, raising questions about the future of their loans.
Multiple reserve prices were smashed by hundreds of thousands of dollars, and one by more than $1 million, in what was the biggest weekend for auction sales so far this year.
House hunters have become so starved of time to do the necessary leg work involved in buying properties they’re resorting to some unusual measures to hasten their entry into the market.
First-home buyers have a golden opportunity to create future wealth but most are squandering it with a misguided approach to saving, one of the country’s top mortgage experts claims.
Everyone has an opinion about the housing market these days, but most are way off the mark of what’s really happening because they believe in one pervasive myth about Aussie property.
Residents in some unexpected pockets of Sydney will be sipping lattes in graffitied laneways and riding trams designed to mirror Melbourne if town planners have their way.
Sydney’s lofty property prices – set to grow another 10 per cent this year – are affecting the property markets of other capitals, most notably Melbourne and Brisbane.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/121