Archive for February, 2013

Home sales on the rise

New home sales increased in December, marking a third consecutive monthly rise.

According to the Housing Industry Association’s (HIA’s) New Home Sales report, total seasonally-adjusted new home sales increased by 6.2 … more »

RBA’s Guy Debelle says the central bank remains ready to lower interest rates

From www.thepropertyobserver.com.au
By Jonathan Chancellor
Tuesday, 26 February 2013

The Reserve Bank of Australia assistant governor Guy Debelle has sent a signal that the central bank remains ready to lower interest rates if … more »

18 month-old agency wins top award

Brendan Wong
An agency that was formed less than two years ago booked a major win at the recent Real Estate Institute of Queensland (REIQ) Awards of Excellence.
Gold Coast-based real estate … more »

Clean, online & professional

Often in the property game you become your own brand. It’s great if you get your name on a corflute or your head on a bus shelter. This can give … more »

New laws to slash red tape, reduce risk

Staff Reporter
New laws in Queensland will help relieve agents and consumers of pages of paperwork, according to the state’s attorney-general.
Attorney-general Jarrod Bleijie yesterday released a proposal to slash red tape and fulfil … more »

Group offers an Audi as incentive for sales

Steven Cross
One major group will give all its sales agents the opportunity to win a new Audi, just by listing and selling property.
CEO of LJ Hooker, Georg Chmiel, told Real … more »

Investors need to check flood zoning information

Investors need to be vigilant about checking flood zoning and insurance, Propell National Valuers has warned following the recent flooding disaster in Queensland and New South Wales.

Non-bank lender BMC Mortgage the first to move independently of the RBA with variable rate cut

Sydney-based non-bank lender BMC Mortgage Corporation has become the first lender to cut its variable rates outside of an official RBA rate cut.

The lender dropped its variable home loan rates … more »

Becton seeks breach waiver

 Becton Property Group says a $10 million-plus blowout in its half-year loss had placed it in breach of its main debt facility.

Adelaide's Netherby takes the prize for week's top sale: RP Data

South Australia took the prize for the most expensive house last week with the sale of 4-6 Delamere Avenue, Netherby.

Quoted between $2.65 million and $2.75 million, the 1950s house fetched … more »