With March quarter sales results now quantified, capital city home values have effectively stood still since 31 November 2011.
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An oversupply of units and apartments has created a unique buying opportunity at The Entrance, according to local agents.
First National Real Estate has surveyed its 450+ offices throughout Australia and New Zealand to find that 2011 is set to become the year of the investor, with prime conditions for this segment to make their return to the market.
Reserve Bank governor Glenn Stevens, agree we don’t have a price bubble, nor an affordability crisis, nor exceptional price levels by world standards.
First National Real Estate CEO Ray Ellis, believes property representatives should have a greater say in the future of the property market, and ultimately Australia.
the billions of dollars spent on cash grants to first home buyers (and for the first nine years of the First-Home Owners Grant Scheme’s operations, expenditure on those grants exceeded $10 billion) have spectacularly failed to achieve the objective of increasing home ownership rates.
First National Real Estate’s national communications manager, Stewart Bunn cautions that agents who continue to ignore women in the property purchase process, do so at their own peril, as they risk alienating a major buying audience.
Australia’s commercial property market is set to enter a boom phase, driven by strong demand and high rental yields, according to First National Real Estate CEO, Mr Ray Elli