by Wendy Chamberlain | Aug 7, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 6th August 2023, a total of 528 properties were scheduled to go under the hammer in Victoria. There were 302 homes sold at auction this week, with 133 homes passed in, and 92 homes that sold prior to auction. According to data from...
by Wendy Chamberlain | Aug 4, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
Underquoting. All buyers hate it, so why does it happen? Underquoting has been around a long time. Real estate agents are legally required to provide a price guide for all properties listed for sale. They calculate the price guide based on past sales of similar...
by Wendy Chamberlain | Aug 1, 2023 | Auctions, Buying a Home, RBA Announcements, Real Estate News, Selling a Home, Staging
Mortgage holders breathed a sigh of relief today as the RBA announced its decision to leave interest rates on hold for what is only the second consecutive month since May 2022. Providing welcome respite from the past year’s relentless interest rate rises, the...
by Wendy Chamberlain | Jul 31, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 30 July 2023, a total of 554 properties were scheduled to go under the hammer in Victoria. There were 305 homes sold at auction this week, with 137 homes passed in, and 112 homes that sold prior to auction. According to data from the Real...
by Wendy Chamberlain | Jul 28, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
The NAB Residential Property Index rose sharply in Q2 2023, with NAB economists predicting property price rises of 4.7% this year and 5% to the end of 2024. Based on an expectation that the RBA will lift rates to 4.6% by September and then leave rates on hold until...
by Wendy Chamberlain | Jul 24, 2023 | Auctions, Buying a Home, Real Estate News, Selling a Home
For the week ending the 23 July 2023, a total of 449 properties were scheduled to go under the hammer in Victoria. There were 249 homes sold at auction this week, with 117 homes passed in, and 83 homes that sold prior to auction. According to data from the Real...
