Over the last several decades, real estate has been considered a very safe and stable option to park hard-earned savings. As a standard, across the world, real estate is always going to escalate in value, and over time, as the global economy continues to evolve, investors are increasingly exploring opportunities beyond their borders. Two prominent … Read more
Amid a growing cost-of-living crisis around the country, many people would be surprised to learn a waterfront property in South Australia could be theirs for just $215,000. The Caloote home, located just over an hour east of Adelaide, fronts onto the River Murray. Featuring two bedrooms, the “cosy and comfortable” home comes fully furnished, according … Read more
An almost 150-year-old chapel nestled in the Adelaide Hills of South Australia has been snapped up by a new owner for little more than $900,000. The 1860 church, which has been converted into a bed and breakfast and wedding venue, was sold on December 27 for $915,000. Located in the small township of Hay Valley, … Read more
Paige Carmichael and her partner Steve purchased their dream home in Noosa. But just three days before they were due to move in, a burst toilet pipe destroyed their property — leaving severe water damage and black mould all over the walls, ceilings and floors. WATCH THE VIDEO ABOVE: Aussie’s dream home turns into nightmare. … Read more
A Queensland landlord’s kind act during the holiday season has been praised online, with many commending them for “being one of the good landlords out there”. Liz Elliot and her partner Daniel received a card from their landlords with a Visa gift card inside. The landlords thanked Liz and Daniel for “being so easy to … Read more
A for sale sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared with the same mont a year … Read more
NAR President Tracy Kasper. Courtesy: NAR The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that sought to “compromise” her leadership role. NAR President Tracy Kasper said she had notified the group’s leadership team “that she recently received a threat to disclose a past personal, … Read more
There was no Christmas miracle for renters as rent hikes continued into the holiday period before the market’s busiest time of year. The latest PropTrack Market Insight report found the median national rent has continued on its meteoric rise, increasing 1.8 per cent over the December quarter to $580 per week. This is an 11.5 … Read more
A sharp drop in mortgage interest rates in December may have kickstarted this year’s spring housing market early. Rates are about a full percentage point lower than they were in October, and consumers expect they will fall even more. Optimism about mortgage rates increased sharply in December, according to a monthly consumer survey by Fannie … Read more
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment. … Read more
