Melbourne’s auction market continues to experience a low clearance rate below the 60 percent level. It recorded a 59 percent clearance rate last Saturday, slightly higher than the 56 percent the previous week. This was despite the higher number of scheduled auctions at 852. The number of reported auctions was at 606 and the number[…]
In today’s digital age, a paperless transaction is indeed possible even in the real estate industry. The introduction of new laws which now allow electronic contracts and signatures has made the conveyancing portion of the transaction much easier and faster. With digital technology, home buyers and sellers can save time and avoid loads of paperwork[…]
Buying a property in Alphington can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]
Melbourne’s auction clearance rate went below the 60 percent level to 56 percent on Saturday. This was partly due to the Queen birthday’s long weekend. As a result, the number of scheduled auctions was down to 194. The number of reported auctions was at 145 and the number of properties sold was down to 87[…]
The Reserve Bank of Australia today decided to keep the current official cash interest rate at its historic low level of 1.5 percent. An earlier survey by Reuters showed 47 out of the 48 economists predicted the rate would remain unchanged. In his monetary policy statement earlier, RBA Governor Philip Lowe noted the strong global[…]
Melbourne’s auction clearance rate slipped further by one percentage point on Saturday to 60 percent from last weekend’s 61 percent. The number of scheduled auctions was also down to 942 from 963 the previous week. The number of reported auctions was at 740 from 749 while the number of properties sold was 463. Total sales[…]
Buying a property in Parkdale can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]
Real estate transactions often involve a large volume of paperwork. Contracts alone can already have hundreds of pages and each contract needs to be provided in two copies. This often results in a high cost of printing, scanning, filing and archiving of documents. Fortunately, paperwork today can be avoided by homebuyers and investors through electronic[…]
Melbourne’s auction clearance rate slipped one percentage point on Saturday back to 61 percent from last weekend’s 62 percent. The number of scheduled auctions, however, was up to 963 from 899 the previous week. The number of reported auctions also went up to 749 from 685 while the number of properties sold was also up[…]
Buying a property in Ormond can be a daunting and difficult process. For many of us, it is something we only do a few times in our lives. A buyers advocate (also known as a buyers agent or property finder) can be an enormous help to make it easy to buy a home or investment[…]