There was a positive buzz at Ray White auctions across the country today as lockdown restrictions eased in Sydney and Melbourne and bidders headed back onsite. Australasia’s largest real estate group recorded a preliminary auction day clearance rate of 85 …
This week Chief Economist, Nerida Conisberr looks at the start of an increase in time on market, as well as a look at what is selling quickest and what is selling slowest. Days on market starts to rise On pretty …
This week we take a look at the start of an increase in time on market, as well as a look at what is selling quickest and what is selling slowest. Days on market starts to rise On pretty much …
IN the final months of 2021,, it’s clear that Ray White auction metrics haven’t taken a tumble despite restrictions, rolling lockdowns and more stock on the market. Over the past financial year, the Ray White Melbourne market has been the …
BUYERS now have a chance to cook in the kitchen of Australian Home Cook Hero, Lyndey Milan OAM, who has listed her Jamberoo home for auction on Sunday, November 7. Ms Milan, who made her name as one of Australia’s …
IN many parts of the country sellers have begun to mobilise as prices grow and buyer demand remains high. Another capital city was added to the list of those permitted to host onsite auctions, with Sydney auctioneers now allowed back …
This week, Ray White Chief Economist, Nerida Conisbee looks at the state of auction markets and the most hotly contested suburbs so far this year. She also dives in to see what is happening with settlement times, with more people …
This week, Ray White Chief Economist, Nerida Conisbee looks at luxury home sales, which are set to hit a new record in 2021, as well as the upcoming stampede to the shops – what it means to retail property and …
This week, we take a look at how price growth is comparing to people’s wages, as well as the pressure growing on regulators to reign in home loan growth Is your house earning more than you? Quite possibly The median …
This week Ray White Chief Economist, Nerida Conisbee looks at Australia’s top house flipping suburbs, as well as how COVID has driven up household wealth Where is our house flipping capital? In boom markets, house flipping (buying and selling a …
Whilst we can’t be certain at this early stage of the year, if we can believe what’s in the news and what the experts are saying, then the Melbourne market is in for a very positive year with a price increase of at least 8% nationally (according to the Financial … Read more
Daylight Savings is here! We’ve also had 1st Tuesday of the month and the Reserve Bank announced a further interest rate reduction of 0.25 basis points making it now the lowest Interest rate on record at 0.75%. It is hoped that the full 0.25% will be passed on. For eg … Read more
The RBA’s two consecutive cuts, first in June and now in July including another 0.25 percentage point drop (Tuesday 2nd July,) has officially lowered the key cash rate to a record low of 1 percent. Fingers crossed now that the big banks will listen to Treasurer Josh Frydenberg and pass … Read more
Traditionally it has been said that selling when the weather is better and the garden is looking blooming is the best time to sell. However many of our clients are less concerned about the weather climate and more concerned about the economic climate. Through Winter there are generally not as … Read more
Every year around this time we begin to observe a lower volume of homes for sale throughout the area as many sellers believe the cold weather, early dark evenings and out of season gardens will put off potential buyers from searching and buying… they couldn’t be any further from the … Read more
The mornings and evenings are cooler and day time temperatures very pleasant. On the topic of temperature; the real estate market has proven to remain “hot hot hot” in many locations throughout City of Whitehorse and Knox. By way of example here are some properties we would like to share … Read more
The start of the year has seen a lower supply of property in the market place in comparison to late last year which has seen a slight increase in auction clearance rates across the state whereas our office in particular has been clearing our clients auctions at an average of … Read more
Typically, new listings and agent activity is very quiet over the holiday period. However not at Ray White Forest Hill, we strategically begun advertising several of our clients homes for auction just before the Christmas break as real estate portals experience high levels of traffic over that time whilst people … Read more
The REIV last night released a press statement confirming they will fight the ‘Nanny State’ changes to rental law. Read more on the media release and proposed changes. If you haven’t had your say, now is the time! If you have any questions or require any assistance with your rental property give … Read more