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5 Tips for Finding a Home in Wilmington, NC

Finding the perfect home for you and/or your family can seem like a daunting task. There’s so much to decide on and know about the home buying process that you may feel overwhelmed before you ever get started. There are a few tips to keep in mind when you’re looking for a Wilmington, NC home […]

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Thumbnail image for Increase in Numbers of Foreign Investors in US Real Estate

Increase in Numbers of Foreign Investors in US Real Estate

A recent survey of the National Association of Realtors in the USA found that in the 12 months to March 2010, agents saw a marked increase in the interest of foreign buyers. Whilst still down from the lofty heights of 2007 when 32% of agents reported contact with foreigners, figures were up 5% to 28% in the 12 months surveyed. Furthermore, actual purchases in the period jumped 6% to 18% which represented $66 billion USD of property, or approximately 7% percent of the total market.

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Thumbnail image for What is Really Driving Australian Property Prices?

What is Really Driving Australian Property Prices?

In this article of Michael Marquette’s “View from the Bridge”, he looks at the factors that are REALLY driving Australian property prices, and an undersupply of real estate is not one of them. Instead, he focuses on the the changing nature of demographics, driven not just by prices but also demographics.

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Thumbnail image for Australian Real Estate News Snapshot

Australian Real Estate News Snapshot

Michael Marquette of Marquette Turner Luxury Homes writes in November 2009. Average weekly earnings in Australia are now at $1248.80 AUD for an adult working full time. This represents an increase of 5.4% over the last 12 months and unemployment is remaining well below Treasury estimates at 5.8% – or 669,000 people. This is positive news for Australia although is best considered in conjunction with underemployment which is currently estimated between 10-15%.

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