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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 “View from the Bridge”: The Real Estate Misinformation Continues

“View from the Bridge”: The Real Estate Misinformation Continues

In the latest installment of luxury real estate agent Michael Marquette’s “View from the Bridge” he talks of media misinformation. Apparently, there are happy home buyers who had paid 5-10% above reserve price to ensure they received the First Home Owner’s Grant (FHOG) which ends on September 30, 2009. There was no discussion of the stupidity of buyers who had spent an additional $30,000 to $50,000 to purchase these homes in order to receive the $14,000 FHOG – I would gladly give someone a $14,000 payment if they gave me $30,000 or $50,000 extra in return.

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Thumbnail image for The Credit Crisis Confusion: Michael Marquette’s “View from the Bridge”

The Credit Crisis Confusion: Michael Marquette’s “View from the Bridge”

Luxury real estate agent Michael Marquette is not surprised at the confusion in the real estate market place, given the mixed messages the media is giving. They are inconsistent and hedging their bets is not helpful. We cannot be having a boom in property prices at the same time as having no boom. Marquette Turner Luxury Homes continue to say it like it is.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: How the Banks Control Real Estate Prices

Michael Marquette’s “View from the Bridge”: How the Banks Control Real Estate Prices

Luxury real estate agent Michael Marquette of Marquette Turner Luxury Homes looks at how Australian banks control Australian real estate prices. If one bank lifts interest rates so does the other and so the cycle goes on. We have all witnessed the banks being difficult in lending to business or the huge interest rates charged on credit cards.

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Thumbnail image for Australian Real Estate: Finance Data for May 2009

Australian Real Estate: Finance Data for May 2009

Luxury real estate agent Michael Marquette takes a look at Australian real estate data, such as home loans, lending, household debt, finance commitments, buying real estate, selling real estate for the month of May 2009.

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Thumbnail image for Google Maps Launches Full Real Estate Service in Australia

Google Maps Launches Full Real Estate Service in Australia

Sydney Real Estate, Melbourne Real Estate, Brisbane Real Estate, Luxury Real Estate and much more are now easy searches with Google Maps revealing that that the popular overseas full service real estate product will now allow consumers to search for real estate in Australia, as Sydney Real Estate Agent, and indeed Australian real estate agent Michael Marquette of Marquette Turner Luxury Homes explains.

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Thumbnail image for Real Estate Prices Now the Economy is “Fixed”: Michael Marquette’s “View from the Bridge”

Real Estate Prices Now the Economy is “Fixed”: Michael Marquette’s “View from the Bridge”

Michael Marquette’s “View from the Bridge” this week looks at where real estate prices are going to go in Australia, particularly given that the economy is apparently is “fixed”.

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Thumbnail image for REALITY CHECK: The First Home Owner’s Grant Must be Scrapped (with podcast)

REALITY CHECK: The First Home Owner’s Grant Must be Scrapped (with podcast)

monogram-mini-whiteThe First Home Owners Grant (FHOG) has to go. Quite simply, it is placing massive strain on the housing market, strain that is hidden and yet to be felt. I have long been an advocate of Government spending money on first class infrastructure. Michael Marquette, Marquette Turner Luxury Homes

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New York Property Prices Continue To Decline

Real estate prices have fallen in New York, the most expensive market in the United States, for the third successive quarter. The hit the financial industry has taken in the US has had massive ripple effects, and as Manhattan’s primary business, it’s not surprising that the real estate market is suffering. In the first quarter […]

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