Terminator effect in housing slump
THERE’S a link between the current housing slump and a pattern that shows up in the Terminator franchise and other time travel films, along with a prophetic Shakespearean tragedy.
THERE’S a link between the current housing slump and a pattern that shows up in the Terminator franchise and other time travel films, along with a prophetic Shakespearean tragedy.
THERE’S an upside to falling property prices — it is now cheaper to pay down a mortgage on a home in a growing list of areas, including one major Sydney suburb.
SYDNEY real estate could be in for a longer slump than once thought, with one expert revealing agents are now “dying to get rid” of listings, giving buyers an unprecedented chance to cash in.
A SHIFT from banks has given sellers a nasty surprise at recent Sydney auctions, but new research suggests the trend could send the market deeper into unchartered territory.
IT’S a buyer’s market — so seemingly there would be nothing to lose by taking a shot with a low-ball offer on the home you’re interested in, but the reality is quite different.
HOME sellers have been losing more than $100,000 in some of the Sydney regions that have been the worst hit by the current real estate market slump, including in a band of suburbs 15-25km from the CBD.
THE PROPORTION of Sydney homes that passed in at auction rose to a decade high last week and market analysts are warning a new approach from buyers could prolong the slump.
DISMAL auction results have scared many would-be home movers from listing their properties this spring, with many now delaying plans to sell until after the federal election next year.
CLOSING time has been called at another round of inner city pubs but retail analysts and estate agents claim a wider trend is behind the closures that extends well beyond the lockout laws.
SYDNEY auctions have become the ideal hunting ground for buyers seeking bargains, but many are ruining their chances of getting a great deal with an obvious mistake, experts claim.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/156