Real Estate Radar: Worldwide Property News

Real Estate Radar® features property news including house prices, trends, buying habits, developments, business, finance, economic results & more

Country-Singing Superstar LeAnn Rimes Selling her Luxury Mansion in Tennessee

Simon Turner: Country singer and her husband have listed their Medieval-style mansion in Franklin, Tennessee on the market for $7.45 million USD.

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The Delicate Balance: The Prestige Property Rental Market

Christine Watson: As the property market becomes tighter, we are seeing more properties coming into the rental market as owners of luxury properties are avoiding selling, and are choosing to lease them instead. Owners are hoping to keep their homes, rent them now and move back when the property crisis is over.

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Australian Population Growth Provides Opportunity

Simon Turner: Australia is growing, according to the Australian Bureau of Statistics (ABS), with 2008 figures showing that the country grew by the fastest rate on record and looks set to grow by a further 1.6 million people in the next five years.

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Budget Extends First Home Owner’s Grant Boost (Just Delaying the Bust)

Michael Marquette: The Australian Federal Government has extended the deadline of the First Home Owner Grants (FHOG) in its Federal Budget ’09. The grants, which currently stand at $14,000 for established homes and $21,000 for new homes, will be extended at the current level for three more months.

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Australian Auction Results – April 2009

Simon Turner: The April auction results for Australian real estate can be used as one of the many tools available to you for understanding the current state of the property market.

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