by Wendy Chamberlain | Jun 21, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
With talk of a recession looming, it isn’t surprising that the early warning signs of financial stress are being seen in surging mortgage hardship claims and quick home resales, as reported recently by the ABC. Data from CoreLogic shows a recent increase in...
by Wendy Chamberlain | Jun 18, 2024 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Interest rates didn’t decrease today as many mortgage holders hoped, but neither did they rise. Around the world central banks are beginning to cut their interest rates, but the Reserve Bank of Australia (RBA) left the cash rate on hold at 4.35 per cent. The...
by Wendy Chamberlain | Jun 17, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 16th June 2024, a total of 633 properties were scheduled to go under the hammer in Victoria. There were 324 homes sold at auction this week, with 157 homes passed in and 152 homes sold prior to auction . According to data from the Real Estate...
by Wendy Chamberlain | Jun 14, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
The amended Vacant Residential Land Tax comes into effect on the 1st January 2025. If your property has been vacant during 2024 for more than six months, you could be hit with a VRLT in 2025. Currently, the VRLT applies to vacant homes in Melbourne’s inner and...
by Wendy Chamberlain | Jun 10, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 9th June 2024, a total of 284 properties were scheduled to go under the hammer in Victoria. There were 136 homes sold at auction this week, with 83 homes passed in and 65 homes sold prior to auction . According to data from the Real Estate...
by Wendy Chamberlain | Jun 7, 2024 | Auctions, Buying a Home, Real Estate News, Selling a Home
Everyone says spring is the best time of year to sell property. But is it? In fact, every season brings pros and cons to selling a home. Spring sees flourishing weeds and windy days, but no temperature extremes. Summer days can be scorching, but homes with pools...
