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Housing Affordability

Thumbnail image for Five Common First-Home Buyer Mistakes (And How To Avoid Them)

Five Common First-Home Buyer Mistakes (And How To Avoid Them)

You decide you’ve found the property that you want to become your first home we’ve collated some common mistakes that first-time home buyers often so that, hopefully you can avoid them and make the process and positive as possible.

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Thumbnail image for Michael Marquette’s “View From The Bridge”: Australia’s Financial Stimulus

Michael Marquette’s “View From The Bridge”: Australia’s Financial Stimulus

The Australian Federal Government has announced a $42 billion stimulus package just shortly before the Reserve Bank of Australia provided another welcomed boost to the economy by cutting official interest rates by 100 points (1 per cent) to 3.25 per cent.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: Australian-Interest Rates And The Banks

Michael Marquette’s “View from the Bridge”: Australian-Interest Rates And The Banks

The Reserve Bank of Australia has cut interest rates by a full 1% (100 basis points) to 3.25%. The question that needs to be asked is why this wasn’t done an entire month ago in January?

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Thumbnail image for The Super Tower: The Future Real Estate For Cities

The Super Tower: The Future Real Estate For Cities

Popular Architecture has developed the Super Tower in response to population growth and the spread of cities. Based on the estimation that London will need to provide housing for 100,000 new people each year up until 2016, this building houses 100,000 in one hit and with the city being the only framework capable of handling burgeoning populations such responses are vital.

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Carribean Property Market Booming

Sales volumes throughout the Carribean Islands have increased by a massive eighteen percent (18%) according to Marquette Turner Luxury Homes’ partner, Jim Walberg (Carribean Islands Realty). Mr Walberg said, “more than ninety percent (90%) of transactions have involved foreigners in the less than $3 million market (US) throughout the Caribbean. Most homes were purchased using […]

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Thumbnail image for Sydney Real Estate Prices Tumble

Sydney Real Estate Prices Tumble

Property prices in Sydney are falling fast, with the Luxury Harbour Suburbs taking the biggest tumble. Housing prices in the Eastern Suburbs fell 14% last quarter, with the Lower North Shore decreasing by an equally huge 13% for the same period.  With Sydney’s median house price now officially at $536,000, $32,500 less than the $568,500 reached in early 2004, it is now time for vendors to get real or suffer the consequences.

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Thumbnail image for Fractional Ownership: Owning Luxury Real Estate For Minimal Cost

Fractional Ownership: Owning Luxury Real Estate For Minimal Cost

One of the key points to come out of the Luxury Real Estate Conference I attended in Paris, was the rapid move toward fractional ownership for Luxury property. In Tuscany, Italy there has been a twenty to thirty percent (20%-30%)increase in the number of properties sold through fractional ownership.

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Thumbnail image for DEBRIEF: The Luxury Real Estate Conference in Paris

DEBRIEF: The Luxury Real Estate Conference in Paris

France – what a Country! I am back in Australia after spending three days with Partners from the “Who’s Who In Luxury Real Estate” at the Hotel du Louvre in Paris. With the economy being the focus around the globe it was fascinating to hear from other Brokers from all over the world how they are dealing with the situation.

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And The Survey Says…

A consumer survey taken at the end of 2008 revealed that three quarters of home loan borrowers were meeting their loan repayments and feeling financially more secure in comparison to earlier in the year (up almost ten per cent). The survey, undertaken by the Mortgage and Finance Association of Australia (MFAA) in association with Bank […]

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